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


To: Dan3 who wrote (75625)3/26/2002 2:03:54 PM
From: Monica DetwilerRespond to of 275872
 
Dan3 - You wrote The accounting firms report what their customers tell them to report. Period.

Then one could conclude that AMD is cooking the books - and Intel is scrupulously honest, right?
After all, if the accountants can be easily fooled, so can investors. And judging by current and historic stock prices, AMD investors are not that enthusiastic about AMD's business - and it's future prospects - correct?

Every hear of Enron?

Yes I have. Doesn't AMD have some very convoluted financial arrangements with the German Saxony government, Fujitsu of Japan and now UMC of Taiwan that make AMD float in the same boat as Enron?
Monica