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

To: Epinephrine who wrote (94865)	2/24/2000 2:09:00 AM
From: tejek	Read Replies (1) \| Respond to of 1575353

What am I missing? Epinephrine, Cory was responding to hmly's comment that you pay an extra $70 a share to own Intel but you only get $.18 more EPS ($.43 vs $.61). Cory's point is that hmlt is not comparing apples to apples....Intel's float is much bigger than AMD's so that when you total up all of Intel's shares, $.61 eps proves to be a much bigger profit than $.43 and that is why you pay a lot more for an Intel share. Does that make clearer? However your argument is correct...Intel's larger float is more dilutive. ted