Intel Corporation (INTC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC)

INTC 36.38

-1.3%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: pgerassi who wrote (140430)	7/30/2001 11:17:49 AM
From: GVTucker	Read Replies (1) of 186894

pgerassi, RE: The problem for Intel is that if the $0.03 number is circulated, Intel's stock would drop mightly. Uh, that number is circulated. How else would you know it? Pro forma earnings were started by dot coms to justify their inflated prices. You remember what happened to them, don't you? Intel seems to have needed the same justification and eventually will probably get the same result. No, pro forma numbers have been around a whole heck of a lot longer than the dot coms. Yes, a lot of dot coms did indeed abuse the practice, and they posted utterly absurd pro forma numbers. And although I discount part of Intel's pro forma number from last quarter because I don't think acquisition costs should be completely ignored, to compare Intel's pro forma earnings to the pro forma earnings of the dot com bubble is as absurd as the dot com earnings that we both decry.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next