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To: Skeeter Bug who wrote (39389)	9/30/1998 11:35:00 AM
From: Trey McAtee	Read Replies (1) \| Respond to of 53903

skeeter-- especially when the tax advantages dont really matter because you are losing money anyway. good luck to all, trey

To: Skeeter Bug who wrote (39389)	9/30/1998 1:18:00 PM
From: Ed Beers	Read Replies (2) \| Respond to of 53903

Skeeter, Assume that this quarter you made $0 profits, made no capital investments, and had $1B in depreciation. You just made $1B in cash but have no profit since your fab is worth $1B less. Remember that depreciation doesn't consume any cash. Of course, if you are in the semi business, you always capital investments...