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

To: tejek who wrote (115036)6/8/2000 5:41:00 PM
From: Mani1  Read Replies (3) | Respond to of 1572374
 
Ted re <<my concern is that next year's taxes will be higher that previously thought and will act as a drag on earnings.>>

Taxes are percentage of earnings, with increasing percentage only on the increasing incremental earnings. If taxes will be higher, it means earnings will be higher. It is very good news.

Mani



To: tejek who wrote (115036)6/8/2000 9:26:00 PM
From: that_crazy_doug  Read Replies (1) | Respond to of 1572374
 
<< I pretty much agree except that we have to take into account the payment of taxes.....they are starting earlier than expected...I think this quarter now. If they are starting now, my concern is that next year's taxes will be higher that previously thought and will act as a drag on earnings. >>

The ironic thing is we have to pay taxes earlier because we are making SO much money. That should be considered a gigantic plus and not a drag.


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