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

To: wanna_bmw who wrote (78684)	4/28/2002 9:39:23 PM
From: Ali Chen	Read Replies (1) \| Respond to of 275872

wbmw, "..I decide to buy a $30[k] car..Your argument is sort of philosophical in nature...It's all academic, and it barely applies to the legality of Intel's accounting." No, it is not any academic, it is a simple way of money accounting, a skill most Americans are lacking. And no one said anything about legality or illegality. However, both examples are weak: when you buy a car, it is still an asset, so your total does not change much unless the car is a total consumable junk. And again, you are trying to build an "one-time" expense model, which is clearly incorrect. The better example would be if you are paying say, rent for a storage, or something like that, a total waste of money. The stock buy-backs are expenses, the money are wasted. That's why the original Forbes article of 1998 equated those expenses to the cost of labor. Period. And again, no one argues whether AMD should be kept at the same standard or not. It should. The thing which pisses me off is when presumably intelligent persons keep repeating the obvious nonsense about Intel making money. BTW, the big money apparently are much smarter than those SI individuals. For proof, just look a 2-year INTC chart: bigcharts.marketwatch.com No matter how Barrett continue to brag about "continuous profitability", it remains flat. Don't you see some discrepancy here? - Ali