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


To: Windsock who wrote (61301)10/30/2001 9:26:03 PM
From: niceguy767Read Replies (1) | Respond to of 275872
 
Windsock:

"Re:"What matters is, is your bank account rising or falling?"
Hate to break the news to you but corporate accounting is not done not done by looking at the balance in a bank account. It also is not the method used for filing a tax return.

The method used is to define EARNINGS, a concept foreign to AMD."

Don't tell me, tell whoever wrote "Re:"What matters is, is your bank account rising or falling?" No point preaching to the converted as Paul has convinced me that "spendable" income is the new accounting rage...