Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 40.03

-1.3%

3:59 PM EST

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To: Archie Meeties who wrote (125085)	1/16/2001 5:53:35 PM
From: KeepItSimple	Read Replies (1) of 186894

>I'm not saying that this is what INTC will do, but they've gone out of >their way to make this a possibility. Absolutely. You stated it much more clearly than I. Indeed, if they weren't trying to cover their asses, why did they even put that stupid disclaimer in there? They are simply saying they are reserving the right to violate FD. why would a company do this? simple. Because this legal wording makes their actions UNACCOUNTABLE to shareholder lawsuits. they could care less if the SEC slaps a fine on them.. even in cases of extreme fraud, the SEC rarely issues more than 1 million dollar fines. with this disclaimer, Intel has made itself immune to shareholder lawsuits (because they just disclaimed they are going to violate FD).

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