SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: tejek who wrote (86223)1/9/2000 11:56:00 PM
From: Petz  Read Replies (2) of 1575422
 
ted, re:<If they sell enough stock like CMGI to make their quarter, then the stock price stays up automatically>

From an accounting point of view, this will not help the stock price. Cap gains are reported as a separate line item in the report, and analysts will be looking at
1)total revenues
2)operating earnings per share including acquisition costs

There is one thing Intel can do to obscure a bad quarter -- take a "charge" against earnings. For example, Intel could "write off" most of the development cost for the i820 and report it as a "one time loss." In fact, there's three or four things Intel could take "one time losses" for this quarter.

So, instead ofr reporting a profit of 0.60, they report a profit of 0.64 plus a "one time loss" of 0.04. The accountants can have a field day dreaming up things that qualify to be a "one time loss." Intel will explain that the i820, CC820 redesign costs, RAMBUS subsidies, etc., etc., are only one-time costs that it have now been put behind.

Petz
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext