Mr. O'Neill, its late and I am tired so I apologize in advance for my lack of circumambulatory.
"the cost of an acquisition is never recognized...but the revenue is instantly recognized...assuming the acquisition is accretive to earnings, the profit from the acquisition will be included in future EPS...."
This statement is correct only if the pooling of interests method of acquisition is used. INTEL is not using the pooling of interests method. It is the pooling of interests method that the SEC is reviewing. In my opinion, and that of others, not on the payroll of political largesse, that the method is in fact not reflective of the need for a publicly traded company, and its accountants, to fully disclose its economic status.
YOU DON'T KNOW THE DIFFERENCE. You obfuscate, and your advice is misleading and analyzing it, kindly put, is counter-productive.
"He who knows not, and knows not he knows not, he is the fool. Shun him."
If you catch my drift.
Duke |
