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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Bill Jackson who wrote (86978)	1/13/2000 7:20:00 PM
From: Process Boy	Read Replies (1) \| Respond to of 1572561

Bill - <It is a game that accountants play with earnings reports. The assorted tricks that place assorted charges here and there on the balance sheet are limited by the SEC. Companies with a streak of good/bad quarters can bury some income/expenses in the report and bring them out to wiggle the final amount up or down a little. It look like Intel did this to 'wiggle' the income up by 8 cents. The accountants and analysts know this and we will see their assessment of those tactics tomorrow. Charles is correct in that it is a form of legal chicanery, however the SEC tolerates it so it is not a hanging offense.> Of course, AMD is as pure as the driven snow. PB