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Politics : Formerly About Advanced Micro Devices
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To: Petz who wrote (87055)1/13/2000 11:40:00 PM
From: ptanner  Read Replies (1) of 1572596
 
John <I have NEVER seen a company report capital gains as part of "interest and other income.>

Since AAPL has similar investment holdings to INTC I decided to look at their last quarterly statement. They specifically note the capital gains in the income table but it is rolled into an "interest and other income" line. This may be an area where fuller disclosure should be provided, such as Intel's move towards a valuation of their investment portfolio.

corporate-ir.net

While Intel may not have highlighted this in their statement it was not completely hidden? Intel has been reporting stock sales during the quarter.

I agree that all one-time items should be specifically noted so that long-term positions can be more clearly understood.

PT
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