Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Gary Kao who wrote (156277)	1/19/2002 1:38:27 PM
From: Dave	Read Replies (1) \| Respond to of 186894

Gary, You are comparing "one portion" of a company's current assets to their entire current liabilities. Look, I am not an investor in AMD, ok? If you look below Current Assets, you see the line for PP&E, net. Did you see how that increased QoQ? What that means is that AMD used cash to increase their CapEx budget.

To: Gary Kao who wrote (156277)	1/19/2002 2:28:29 PM
From: Joe NYC	Respond to of 186894

Gary, I am very suspect about the state of AMD's assets. What do you base your suspicion on? Can't be the balance sheet, since obviously, you can't read it. Cash declined by 40 million, but Total Current Liabilities ballooned by 140 million! You are picking categories like if you were ordering from menu in the Chinese restaurant. The balance sheet is one unit, and there may be flows from one category to another. For example, why look at Total Current liabilities, rather than Total Liabilities? Those actually declined by 16 million. Why look at cash and ignore for example Accounts Receivables? Suppose one of the customers paid their bill of $50 million before the end of the quarter, rather than in the next quarter. You would have Cash up by $10 million on the balance sheet, and AR up only $20 million, not $70 million. Joe