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

To: Paul Engel who wrote (118886)	7/3/2000 2:08:19 AM
From: Ali Chen	Read Replies (1) \| Respond to of 1576600

Paul, <Selling a corporations's headquarters - with a lease-back - is acceptable, however ?> <You raise hypocrisy to new heights.> And you raised your idiocy, again. The cash proceeds from building sales were distributed over several years and therefore were not meant to "bolster earnings" to keep the pull over shareholder's eyes. I guess it is time to remind you about enormous stock buy-backs at Intel, which do not raise shareholders earnings either :)

To: Paul Engel who wrote (118886)	7/3/2000 3:20:40 AM
From: eplace	Read Replies (2) \| Respond to of 1576600

Paul, the same challenge I put forward to Elmer I put to you. Post your guesses for Goutama's contest. I don't believe you and Elmer want to join the contest. It's a no win situation for you guys. You aim low and you guys look like the idiots you are, because we all know AMD is going to blow out earnings again. If you aim higher, then you might be accused of being AMDroids. What do you do? Of course, you do nothing but not respond. I will keep posting this to you and Elmer give some sort of reply. Chickens. Ed P.

To: Paul Engel who wrote (118886)	7/3/2000 12:43:33 PM
From: TimF	Respond to of 1576600

Selling a corporations's headquarters - with a lease-back - is acceptable, however ? Selling off divisions of a company is acceptable, however, such as the PLD division? Such decisions (and Intels selling shares) are acceptable if they are good moves for the company. When AMD was losing money it was better to put the money from the headquarters in to areas that support the strategic vision of the company such as building Dresden and R&D. They could have made a profit if they didn't do as much R&D and fab building and they would not have had to sell the HQ but long term they needed the technology and capacity. These moves where quite acceptable, even a good idea, however the money made from selling HQs and divisions should not be considered equal to cash from operations. Intel's sale of shares for a profit brings money in to the company, but if they sell shares they can no longer realize further gains for these shares. The sale is quite "acceptable". It might be a good idea (depending on what Intel does with the money), however the money made from the sale should not be considered as important as income from operations. If Intel sold all the shares they hold in other corperations next quarter there "earnings" would be great, but that doesn't mean people should all of the sudden be willing to pay twice as much for shares of INTC. Tim