[Coronita]

Grrr.. So here's some irony.

 

Intel, which announced earnings 2 days ago, posted profit of $2.27 billion, or 38 cents and margins of 58.3%, yet gets hammered 12-13% the few days before earnings and another 12-13% after posting earnings….for supposedly coming in slightly shy on profits and revenues and cautiously guiding the next quarter…..

 

AMD, which announced earnings today, posted a loss of $1.77 billion, also came in slightly short on revenue expectations, admitted it overpaid for ATI (by 30%- hence taking huge "one time charges"), and has production issues and delays for the next generation server processors, is trading 4.5% up AH…

Go figure.

(Yes, I understand that it's more about expectations than the actual numbers).

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

Grrr.. So here's some irony.

 

Intel, which announced earnings 2 days ago, posted profit of $2.27 billion, or 38 cents and margins of 58.3%, yet gets hammered 12-13% the few days before earnings and another 12-13% after posting earnings….for supposedly coming in slightly shy on profits and revenues and cautiously guiding the next quarter…..

 

AMD, which announced earnings today, posted a loss of $1.77 billion, also came in slightly short on revenue expectations, admitted it overpaid for ATI (by 30%- hence taking huge "one time charges"), and has production issues and delays for the next generation server processors, is trading 4.5% up AH…

Go figure.

(Yes, I understand that it's more about expectations than the actual numbers).

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

Grrr.. So here's some irony.

 

Intel, which announced earnings 2 days ago, posted profit of $2.27 billion, or 38 cents and margins of 58.3%, yet gets hammered 12-13% the few days before earnings and another 12-13% after posting earnings….for supposedly coming in slightly shy on profits and revenues and cautiously guiding the next quarter…..

 

AMD, which announced earnings today, posted a loss of $1.77 billion, also came in slightly short on revenue expectations, admitted it overpaid for ATI (by 30%- hence taking huge "one time charges"), and has production issues and delays for the next generation server processors, is trading 4.5% up AH…

Go figure.

(Yes, I understand that it's more about expectations than the actual numbers).

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

Grrr.. So here's some irony.

 

Intel, which announced earnings 2 days ago, posted profit of $2.27 billion, or 38 cents and margins of 58.3%, yet gets hammered 12-13% the few days before earnings and another 12-13% after posting earnings….for supposedly coming in slightly shy on profits and revenues and cautiously guiding the next quarter…..

 

AMD, which announced earnings today, posted a loss of $1.77 billion, also came in slightly short on revenue expectations, admitted it overpaid for ATI (by 30%- hence taking huge "one time charges"), and has production issues and delays for the next generation server processors, is trading 4.5% up AH…

Go figure.

(Yes, I understand that it's more about expectations than the actual numbers).

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

Grrr.. So here's some irony.

 

Intel, which announced earnings 2 days ago, posted profit of $2.27 billion, or 38 cents and margins of 58.3%, yet gets hammered 12-13% the few days before earnings and another 12-13% after posting earnings….for supposedly coming in slightly shy on profits and revenues and cautiously guiding the next quarter…..

 

AMD, which announced earnings today, posted a loss of $1.77 billion, also came in slightly short on revenue expectations, admitted it overpaid for ATI (by 30%- hence taking huge "one time charges"), and has production issues and delays for the next generation server processors, is trading 4.5% up AH…

Go figure.

(Yes, I understand that it's more about expectations than the actual numbers).

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

Raybyrnes, Nos, and surveyor,

Thanks for the info. The reason why I asked is that I think I'm pretty much doing everything I can for us (wife and I) both being a w-2 wage slave. I was just double check with you guys if you had any other experience that you wouldn't mind sharing.

We're pretty much maxxed out on all the pre-tax deductions, and the itemized things include the standard mortage/property tax/donations stuff we normally do. We haven't setup a business to be able to take more deductions there, but this will change this year 🙂

In 2006, i think our effective federal rate was about 12-13% (maybe I'm off a bit, don't remember exactly), though it could have been lower if we didn't get hit with AMT. We've been getting hit with AMT, even though we don't have any weird situation from ISO stock option sales. i hope somehow this year AMT isn't going to be an issue. I'm just wondering if there are additional things we can do to get into the 10% or lower fed range. But thanks for everyone's input.

I think this year, I need a new accountant as my taxes will probably get more complicated. If anyone got one they can recommend, I'd appreciate a lead.

 

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

Raybyrnes, Nos, and surveyor,

Thanks for the info. The reason why I asked is that I think I'm pretty much doing everything I can for us (wife and I) both being a w-2 wage slave. I was just double check with you guys if you had any other experience that you wouldn't mind sharing.

We're pretty much maxxed out on all the pre-tax deductions, and the itemized things include the standard mortage/property tax/donations stuff we normally do. We haven't setup a business to be able to take more deductions there, but this will change this year 🙂

In 2006, i think our effective federal rate was about 12-13% (maybe I'm off a bit, don't remember exactly), though it could have been lower if we didn't get hit with AMT. We've been getting hit with AMT, even though we don't have any weird situation from ISO stock option sales. i hope somehow this year AMT isn't going to be an issue. I'm just wondering if there are additional things we can do to get into the 10% or lower fed range. But thanks for everyone's input.

I think this year, I need a new accountant as my taxes will probably get more complicated. If anyone got one they can recommend, I'd appreciate a lead.

 

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

Raybyrnes, Nos, and surveyor,

Thanks for the info. The reason why I asked is that I think I'm pretty much doing everything I can for us (wife and I) both being a w-2 wage slave. I was just double check with you guys if you had any other experience that you wouldn't mind sharing.

We're pretty much maxxed out on all the pre-tax deductions, and the itemized things include the standard mortage/property tax/donations stuff we normally do. We haven't setup a business to be able to take more deductions there, but this will change this year 🙂

In 2006, i think our effective federal rate was about 12-13% (maybe I'm off a bit, don't remember exactly), though it could have been lower if we didn't get hit with AMT. We've been getting hit with AMT, even though we don't have any weird situation from ISO stock option sales. i hope somehow this year AMT isn't going to be an issue. I'm just wondering if there are additional things we can do to get into the 10% or lower fed range. But thanks for everyone's input.

I think this year, I need a new accountant as my taxes will probably get more complicated. If anyone got one they can recommend, I'd appreciate a lead.

 

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

Raybyrnes, Nos, and surveyor,

Thanks for the info. The reason why I asked is that I think I'm pretty much doing everything I can for us (wife and I) both being a w-2 wage slave. I was just double check with you guys if you had any other experience that you wouldn't mind sharing.

We're pretty much maxxed out on all the pre-tax deductions, and the itemized things include the standard mortage/property tax/donations stuff we normally do. We haven't setup a business to be able to take more deductions there, but this will change this year 🙂

In 2006, i think our effective federal rate was about 12-13% (maybe I'm off a bit, don't remember exactly), though it could have been lower if we didn't get hit with AMT. We've been getting hit with AMT, even though we don't have any weird situation from ISO stock option sales. i hope somehow this year AMT isn't going to be an issue. I'm just wondering if there are additional things we can do to get into the 10% or lower fed range. But thanks for everyone's input.

I think this year, I need a new accountant as my taxes will probably get more complicated. If anyone got one they can recommend, I'd appreciate a lead.

 

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

Raybyrnes, Nos, and surveyor,

Thanks for the info. The reason why I asked is that I think I'm pretty much doing everything I can for us (wife and I) both being a w-2 wage slave. I was just double check with you guys if you had any other experience that you wouldn't mind sharing.

We're pretty much maxxed out on all the pre-tax deductions, and the itemized things include the standard mortage/property tax/donations stuff we normally do. We haven't setup a business to be able to take more deductions there, but this will change this year 🙂

In 2006, i think our effective federal rate was about 12-13% (maybe I'm off a bit, don't remember exactly), though it could have been lower if we didn't get hit with AMT. We've been getting hit with AMT, even though we don't have any weird situation from ISO stock option sales. i hope somehow this year AMT isn't going to be an issue. I'm just wondering if there are additional things we can do to get into the 10% or lower fed range. But thanks for everyone's input.

I think this year, I need a new accountant as my taxes will probably get more complicated. If anyone got one they can recommend, I'd appreciate a lead.

 

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

I sort of wonder why people will spend a ton of time searching the interenet for a good price on a car yet spend little time learning about taxes. Let's see, I will buy a car maybe 1 in every 5 years and it represent maybe 5% of my income yet I do not want to learn anbout taxes that hit every year to the tune of 30% or more.

Thread hijack… Are there really that many variables that w-2s wage slaves can really play, beyond just the normal things one does: pretax deductions, maximizing capital gains treatment, home tax and mortgage deductions?

 

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

I sort of wonder why people will spend a ton of time searching the interenet for a good price on a car yet spend little time learning about taxes. Let's see, I will buy a car maybe 1 in every 5 years and it represent maybe 5% of my income yet I do not want to learn anbout taxes that hit every year to the tune of 30% or more.

Thread hijack… Are there really that many variables that w-2s wage slaves can really play, beyond just the normal things one does: pretax deductions, maximizing capital gains treatment, home tax and mortgage deductions?

 

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

I sort of wonder why people will spend a ton of time searching the interenet for a good price on a car yet spend little time learning about taxes. Let's see, I will buy a car maybe 1 in every 5 years and it represent maybe 5% of my income yet I do not want to learn anbout taxes that hit every year to the tune of 30% or more.

Thread hijack… Are there really that many variables that w-2s wage slaves can really play, beyond just the normal things one does: pretax deductions, maximizing capital gains treatment, home tax and mortgage deductions?

 

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

I sort of wonder why people will spend a ton of time searching the interenet for a good price on a car yet spend little time learning about taxes. Let's see, I will buy a car maybe 1 in every 5 years and it represent maybe 5% of my income yet I do not want to learn anbout taxes that hit every year to the tune of 30% or more.

Thread hijack… Are there really that many variables that w-2s wage slaves can really play, beyond just the normal things one does: pretax deductions, maximizing capital gains treatment, home tax and mortgage deductions?

 

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

I sort of wonder why people will spend a ton of time searching the interenet for a good price on a car yet spend little time learning about taxes. Let's see, I will buy a car maybe 1 in every 5 years and it represent maybe 5% of my income yet I do not want to learn anbout taxes that hit every year to the tune of 30% or more.

Thread hijack… Are there really that many variables that w-2s wage slaves can really play, beyond just the normal things one does: pretax deductions, maximizing capital gains treatment, home tax and mortgage deductions?

 

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Author]

Posts