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

To: Pravin Kamdar who wrote (43233)12/11/1998 3:23:00 PM
From: Petz  Respond to of 1573724
 
Pravin, agree with your NSM assessment. Other than one day (yesterday), its held above its 50 and 200 day moving average. Also, the loss was not as large as anticipated.

Petz



To: Pravin Kamdar who wrote (43233)12/12/1998 6:59:00 AM
From: nihil  Respond to of 1573724
 
RE: Capital spending may offset NSM earnings for several quarters

Capital equipment spending is not normally expensable beyond a few grand, so regardless of how much NSM spends in equipping Portland it will only permit a minor (depreciation) expense deduction from earnings. This is probably rapidly depreciable equipment, so it might be a max of 10 per cent of total cost (part-year usage).


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