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Technology Stocks : Intel Corporation (INTC)

INTC 36.82

+1.5%

Dec 19 9:30 AM EST

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To: pgerassi who wrote (145305)	10/15/2001 5:01:34 PM
From: Robert O	Read Replies (1) of 186894

Pro forma is not about 'more' or 'less' information necessarily it is about a different presentation based on different 'rules' than GAAP. I have posted ad nauseum that ANY presentation is open to debate and that's just the idea! Because YOU don't like certain decisions about one way to express a quarter (again above and beyond mandatory GAAP that anyone over 10 years old can get to on Yahoo!) companies should be gagged for fear of penalty from Big Brother??? Think what you're saying, man. If a company does not break out 'other' to your liking it probably has to do with competitive reasons. Since AMD in not competitive I can see your wish to reveal all <ggg>. What is hilarious is your claim I don't like GAAP because it is too rigid but post after post I actually praise GAAP and point to it as the rock solid foundation from which there is no wavering and plenty of history (cf. 'case law') on which to rely for proper presentations. And finally your last idea which attempts to reprimand: 'You expect them to know it because you know it (a common assumption that gets many into trouble)' is pretty much the template for mediocrity. Congrats, you have figured out the model to forever require an overseer (big brother Gov't) to 'protect us all from ourselves' since you have no faith in the market's ability to understand and value companies in a capitalistic framework. Many could argue even mandated GAAP in its current behemoth form is over the top and requires more wasted time and expense than the value returned. And now you want to muzzle every firm from even being able to speak after they have already complied with every F-ing FASB rule to come down the pike! For shame! RO

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