Replies to post #17032 on Advanced Micro Devices Inc (AMD)

[Petz]

<But when AMD is profitable they start have to start counting "diluted shares" differently>

When you are showing a loss, reported diluted shares are equal to shares outstanding. No potential shares from convertible bonds or other types of equity/debt financing are counted at all. The diluted shares would make your loss seem smaller, so you aren't allowed to count them.

The last quarter still had a loss. That is why the "basic" shares and the "diluted" shares are identical at 347.334M.

I really don't know how many shares are represented by all the convertible bonds outstanding. My guess of 50M so exactly that, a guess. ISO options may come into play also, not sure of the rules on them.

Petz

[Golfbum]

I think in the Q2 CC there was a mention of a charge for writing off tax assets. IIRC it's done because the company believes there will be a low probability of sufficient profits to use against them.

Where does this come into play?

tnx
gb (tax law is just too confusing...)