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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (159919)2/3/2003 2:28:33 PM
From: i-node  Respond to of 1578264
 
That's the theory for owning it but I never have understood how a company keeps growing like it has and still keeps loses money like its going out of style. Last quarter, they made a billion dollars and lost $.74 per share? How do you keep doing this quarter after quarter? At what point do you make money? And notice at $4 per share, no one is gobbling them up......so if other companies don't like them at $4 per share because of the land assets why should I?

I've always felt like fortunes are made and lost in times like these; and I have a mild sense that people who are gutsy enough to buy into Level 3 may do it. But I don't know how that guy sleeps at night with that much debt on the balance sheet.