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Tim Fowler

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Tim Fowler

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Re: wbmw post# 11221

Wednesday, 08/20/2003 5:12:12 PM

Wednesday, August 20, 2003 5:12:12 PM

Post# of 97586

An argument can be made over some of the statistics. AMD investor relations, for instance, said that the company's net income for 1995 can be listed as $300.5 million. I am using $216.3 million. (Investor relations confirmed all of the other annual net income figures used in the calculation.) The higher figure does not include losses generated by NextGen, a company AMD acquired in January 1996.

I don't think NextGen's losses before AMD bought NextGen should count. Does Intel report a hit on its earnings for all previous losses of unprofitable companies it acquires?

Tim
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