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

To: f.simons who wrote (105166)	4/13/2000 6:53:00 PM
From: hmaly	Respond to of 1571803

F.simons Re..<<<<<>>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. >>>> I am not sure if get your drift, but if you think I am against Intel selling stocks I am not. What I am against is reporting one figure in your CC and another figure in your 10-q filing. What I am particularily against is reporting one time sales as a profit but excluding one time costs. Both should be included or excluded. The tax rebate is fine; why would I have a problem with that. However there was an article in Business Week several wks ago which explained how companies such as Amazon.com buy stock with shares of Amazon stock so amazon doesn't have to put cost of purchased stock on balance sheet but can claim value of purchased stock as a gain. In fact there was no gain, just swapped stock; but an investor would think Amazon made money when amazon actually lost money. These types of hijinks are what I am against. When you have a CC the eps given out should be the same as the figure reported on the 10=q filing.