Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.54

-6.2%

3:21 PM EST

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To: pgerassi who wrote (133761)	4/30/2001 7:16:00 PM
From: herb will	Read Replies (1) of 186894

pgerassi,” two sets of books, and billions of dollars” Have you sent an email to the auditors yet? The auditors do verify the value of an Intel Plant. All depreciable assets, Plant or otherwise, are recorded at original cost which is readily determinable. Depreciation is determined by generally acceptable rates which according to Intel’s most recent financial statement are 2–4 years for machinery and equipment and 4-40 years for buildings based on the straight line method. The government does not determine depreciation for accounting purposes but only for determining taxable income. In other words depreciation for tax purposes may be different than depreciation reflected in the financial statements. With respect to the cost of options to Intel they are reflected in the financial statements in the Consolidated statements of stockholders equity and that is in accordance with generally accepted accounting principles. As far as Employee and Officer share option costs should be an expense there are pros and cons. It does not bother me. Herb

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