Is there a reason why some of you prefer ATI and some Nvidia

[JoshMST]

Haha, I will take "prone to conjecture" any day of the week. Wild speculation is the ambrosia of life, and it certainly makes discussions a lot more fun to read and participate in.

 

[Jima13]

I think that NVIDIA is well above board when it comes to their finances. In fact, their financial practices might be considered a bit too conservative. After the big investigation of NVIDIA and their finances some years back, they had to revise some quarters' estimates because they didn't report enough of a profit.

wrong, but typical considering the source.....

No, actually exactly right.

nice bit of NV spin on that I suppose people always lose their jobs and get fined $500k for making money

"The Order finds that Ms. Hoberg, pursuant to a separately filed
district court action, was permanently enjoined from violating
Sections 10(b) and 13(b)(5) of the Securities Exchange Act of
1934, and was ordered to pay $494,332.84 in disgorgement of ill-
gotten gains, and $75,000 in civil penalties.

The Commission's complaint in the separate district court action
alleges that Ms. Hoberg engaged in actions that resulted in
Nvidia filing a materially false financial statement in the
Company's Form 10-Q for the quarter ended April 30, 2000. The
complaint alleged that Ms. Hoberg engaged in improper accounting
practices that materially increased Nvidia's gross profit, net
income and earnings per share for the quarter in a departure
from generally accepted accounting principles. As alleged,
these practices included participating in structuring a
transaction to conceal Nvidia's obligation to repay certain cost
reductions from a supplier in future periods.

In addition, the complaint alleged that Hoberg failed to
disclose material information regarding Nvidia's books and
records to Nvidia's independent auditors. "

oh, and what about the lawsuit?

"The suit charges the Company and certain of its officers and directors
with violations of the Securities Exchange Act of 1934. The Company
designs, develops and markets three dimensional (3D) graphics
processors and related software. Its products provide interactive 3D
graphics to the mainstream personal computer market.

The suit alleges that as part of their effort to boost the price of
NVIDIA stock, defendants misrepresented the Company's true prospects in
an effort to conceal its improper acts until they were able to sell at
least $66 million worth of their own Company stock.

In order to overstate revenues and assets in its 4th Quarter 2000 and
1st to 3rd Quarter 2001, the Company violated generally accepted
accounting principles and SEC rules by engaging in an illegal
accounting scheme. This scheme effectively dramatically overstated
revenues and assets.

Then, on Feb. 14, 2002 (after the close of the market), the Company
partially admitted that its past accounting for its prior results may
be inaccurate in a press release entitled, "NVIDIA Corporation
Conducting Review of Certain Transactions at the Request of the SEC."
On this news the Company's shares plummeted the following day."

In Dec '01 JHH sold off almost 500k shares at/around the high of $65....10 months later NVDA hit a low of $7.20