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

To: Joe NYC who wrote (85251)	7/17/2002 8:25:22 PM
From: Petz	Read Replies (1) \| Respond to of 275872

This would mean that equipment, between the time it was purchased and the time it is put into productive use is in a limbo, and it disappears from the balance sheet. I think there has to be another explanation. Yea, any capital equipment purchased should decrease cash and increase PPE by the same amount in the quarter it is purchased. Depreciation should decrease PPE. So if PPE goes up in a quarter, it must mean that capital spending exceeded depreciation by the change in PPE. But when that happens there should be an equivalent reduction in cash, so shareholders equity (assets - liabilities) does not change. I'm still at a mystery as to how a 180M loss left no change in shareholders equity. Petz