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Technology Stocks : Intel Corporation (INTC)
INTC 36.20+0.1%Dec 26 9:30 AM EST
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To: pgerassi who wrote (139664)7/19/2001 3:52:54 PM
From: Robert O  Read Replies (1) of 186894
 
Pea,

Ok I did go back and here is your exact post: 'Depreciation is delayed until production start and then goes as an expense decreasing both equity and assets. If it ever reaches zero, the company is bankrupt.'

See how 'it' refers to Depreciation? If you did not intend that then I suggest reviewing AP Style Guide at your earliest leisure ;-)

Since you have resurrected topic, I guess I'll take the time to point out that your last sentence (again exact quotation) that 'Intel has unrealized losses in the stock, their fabs are worth less than they paid, their acquisitions are worth less and it all reduces stockholders equity' is exactly the opposite of what actually happens since they're carried at adj. book. I guess you meant they should reduce SE but don't ... hard to follow since you have acctg concept backwards. But thanks anyway as you have helped make my point for me. <g>

RO
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