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

To: dougSF30 who wrote (238255)	8/7/2007 5:14:12 AM
From: graphicsguru	Read Replies (1) \| Respond to of 275872

I'm going to guess that selling the SPSN shares will reduce AMD losses slightly. Don't they still have enough shares that they have to include a fraction of SPSN's losses in their income statement? Doesn't that mean that their income statement improves when their SPSN holdings go below that threshold? And I doubt that SPSN stock is on the books at the public offering price. I'll guess that it's at SPSN book value. There's a reasonably good chance that even at $9.50 per share, AMD will get more than book, so the transaction will show up as a one-time profit. The above is just an educated guess, however . . . .