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Re: jjayxxxx post# 23373

Tuesday, 01/20/2004 5:41:25 PM

Tuesday, January 20, 2004 5:41:25 PM

Post# of 97785
EPS Contest - AMD Preliminary Results are up

http://epscontest.home.comcast.net/03q4eps/index.htm

Some Points to Consider:
1) using the diluted shares, I get $0.10 EPS, not $0.12 like their press release says.

2) the results reported by AMD "include a favorable impact of $14 million, or $0.03 per share, due to an adjustment to previously recorded restructuring charges". Since this was not guided and is significant (as defined on the rules page), we will exlude it from our contest results, just as we did with Intel. So the EPS for the contest is ($43193-$14000)/416190 = $0.07.

3) I have gone ahead and posted things, but have not yet done a thorough review for errors, so keep in mind that this is still preliminary until tomorrow's closing price.

JJ
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