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


To: brushwud who wrote (49354)7/29/2001 9:09:09 PM
From: ptannerRead Replies (1) | Respond to of 275872
 
brushwud, Re: "Cash flow = Profit + Depreciation & amortization"

For INTC and AMD, shouldn't we include some other significant items like:

minus share repurchase (an ongoing "expense/investment/payroll" for INTC to the tune of $1B/QTR)
minus capital investment (an ongoing requirement in this industry and about equal to depreciation for AMD at the moment while Intel is reinvesting from its large accumulated cash position)

I assume your "amortization" includes the goodwill writeoffs.

-PT