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To: Joe NYC who wrote (156706)1/24/2002 11:08:06 AM
From: Dave  Read Replies (1) | Respond to of 186894
 
Jozef,

While AMD did make a "tiny" profit, their trend was negative.



To: Joe NYC who wrote (156706)1/24/2002 12:11:37 PM
From: wanna_bmw  Respond to of 186894
 
Joe, Re: "But AMD is "profitable". They made a tiny profit of $28 million in the worst year for semiconductor business (according to many people including Intel executives)."

You might prefer to think that AMD made a $28M profit, but that was without counting the $90M in restructuring costs that they incurred during the third quarter. Thus, they only had a pro-forma profit. In actuality, they ended the year $60M poorer, or $(0.18) EPS.

wbmw


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