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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?


To: Ali Chen who wrote (37863)4/30/2001 2:38:45 PM
From: Road WalkerRead Replies (1) | Respond to of 275872
 
Ali,

re: "How do you know that Intel is not writing
off many IAG expenses into "other" businesses,
to meet public expectations and maintain an image
of success in their IAG division?"

Well, I've got this from the Intel earnings release:

"In addition, "all other" includes certain corporate-level operating expenses, including a portion of profit-dependent bonus expenses that are not allocated to the operating segments. Prior to 2001 the majority of the profit-dependent bonus expenses were kept at the corporate level, but as of the first quarter of 2001, the majority of these expenses have been allocated to the operating segments. Information for prior periods has been restated to conform to the new presentation.

But I suppose you never know exactly what a corporation is doing with their books. It's sort of a leap of faith, I have to believe Mr. Sanders, as an AMD shareholder, and I have to believe Mr. Barrett as an Intel shareholder. Without some level of trust you couldn't invest in any stock.

I suspect that you distrust Intel (the evil empire) more than most companies.

John