Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Kevin K. Spurway who wrote (27850)	1/13/1998 6:08:00 PM
From: jonpcar	Read Replies (1) \| Respond to of 1572221

Can anyone explain the "Benefit for Income Taxes" and the joint venture details on the balance sheet? Thanks in advance.... biz.yahoo.com

To: Kevin K. Spurway who wrote (27850)	1/13/1998 6:13:00 PM
From: Petz	Read Replies (1) \| Respond to of 1572221

Kevin, yes I nailed the per share number, BTW, it was actually only a loss of 8.7 cents per share. Haven't listened to conf call replay yet, but here's what surprised me about the results, so far: 1. K6 $sales increased by less than what I was expecting. ASP of just $127, vs $150 in 3Q. Unit sales just 1.5M (I was expecting 1.6M) 2. Tax credit was bigger than I expected, interest expense was less (?!) and R&D went UP (was expecting a drop). 3. Cost of Sales didn't go up, despite 50% more CPU's Unless the conf call has some unexpected positives, I expect AMD will give up some of its gain tomorrow when the street realizes that with a "normal" 45%-or-so tax credit, results would have been about (0.15). Petz