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Technology Stocks : Intel Corporation (INTC)
INTC 37.28-0.6%Dec 16 3:59 PM EST

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To: Tony Viola who wrote (90021)10/12/1999 8:08:00 PM
From: John O'Neill  Read Replies (1) of 186894
 
Intel's revenue jumps 9%..make that 7%...

in the small print you will notice that 2% of the increase was due to acquisitions.....nice that these acquisitions "don't cost anything"...report the earnings before costs...but don't forget to count the revenue from the acquisitions and, of course, count the profit from them...just don't include the cost.....what an accounting joke this is...the SEC has been "trying to get rid of this for years" and once again they have postponed it for another year...
this is how companies like CSCO, YHOO,s etc manage their earnings...YHOO .14 before merger cost....05 after merger costs....

long term INTC holders should do fine...but short term watch out below!!
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