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Technology Stocks : Intel Corporation (INTC)
INTC 36.15-0.6%Dec 24 12:59 PM EST

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To: pgerassi who wrote (140198)8/6/2001 5:17:48 PM
From: Robert O  Read Replies (1) of 186894
 
Pea:

you: If that [SEC forcing companies to stop reporting pro forma earnings] happens, would you believe that Intel (with others that do it) will have a large share devaluation?

No not at all. That idea is the exact OPPOSITE of what I have been posting to you all along. The idea you are positing, to wit that investors are forever being 'fooled' by the accounting methods used by many public companies, is preposterous on its face. I have covered in detail the many reasons why sophisticated investors understand the underlying realities and attempt to discount net cash flows. At the risk of sounding non-P.C. I must ask you this in all earnestness, please do not take offense, is English your first language? I'm just trying to figure all this out. It's either the logic of grammar or just logic that confuses you, I'm cheerleading for the former ;-)

All my Best,

RO
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