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

To: hmaly who wrote (105057)	4/13/2000 3:50:00 PM
From: f.simons	Read Replies (1) \| Respond to of 1571714

>>Absolutely, any company that reports earnings including sales of stocks but excludes one time costs, such as purchase price of said stocks;<< I forgot to mention the .17 in overpaid taxes from previous years that needs to be backed out this quarter. Never mind that the prior overpayment means that previous quarters were BETTER than reported. Some companies reporting this week don't have to suffer the inconvenience of paying taxes, so there is no hit to their bottom lines. It would be churlish, of course, to suggest that such companies take a hit to earnings based on the assumption that taxes were due on them. It makes more sense to not allow Intel to include taxes ACTUALLY overpaid than to than to look at other companies' tax-free earnings without adjustment. Who is playing bookkeeping games?