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Replies to post #31095 on Advanced Micro Devices Inc (AMD)

Replies to #31095 on Advanced Micro Devices Inc (AMD)
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I_banker

04/12/04 12:10 PM

#31096 RE: kpf #31095

Pending lawsuits do not require reserves under US GAAP, except in very limited circumstances. They are however reported as notes to the financial statements, and have included commentary such as "management feels the lawsuit is without merits".