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Technology Stocks : Intel Corporation (INTC)
INTC 37.93+0.1%3:03 PM EST
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To: Dan3 who wrote (133674)4/30/2001 11:12:11 AM
From: Windsock  Read Replies (2) of 186894
 
Dan -
Re: In Q1 of this year, INTC Current Assets - Current Liabilities was -$1,148 Million.

In Q1 of this year, AMD Current Assets - Current Liabilities was +285 Million.

You are way off on your numbers by about 2 zeros for Intel. The Q1 report shows:
Total Current Assets 18,739 - Total Current liabilities 7,387 = 11,352 million

Your AMD number is off too, and should be 1,219 million, not 285 mil.

The rest of your "calculations" are equally false and total distortions.

Re: I agree with you that this price war is sending AMD back to the barn, but what you failed to notice is that it has dumped Intel into the cesspool.

Intel had 10 billion in cash in Q1 and almost no long term debt at 700 million. I suspect that a lot of companies would love to have that problem.
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