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To: Brian Malloy who wrote (92157)11/11/1999 3:38:00 PM
From: L. Adam Latham  Read Replies (2) | Respond to of 186894
 
Brian and all:

Sanders indicated AMD may break even in Q4. I have a question for the accountants out there. In Q3, AMD had a $110M loss, but didn't take a benefit for income taxes. My limited understanding is that a business can use the tax benefit in future quarters until it is used up. Is it possible that AMD purposely didn't take the benefit in Q3, so that it could cook the Q4 books by using the benefit then? Or am I just misunderstanding the accounting they're using?

Thanks, Adam



To: Brian Malloy who wrote (92157)11/11/1999 5:37:00 PM
From: Jim McMannis  Read Replies (1) | Respond to of 186894
 
RE:"AMD Stock is at a Power W formation right side. Unfortunately there is
insufficient data to the left of the W. That is why this dog can tank to
$20 just as easily as it might pop to $26"...

AMD is now 28 3/16.
DO NOT QUIT YOUR DAY JOB! I repeat, DO NOT QUIT YOUR DAY JOB! <GGG>

Regards, Jim

Just kidding...


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