Advanced Micro Devices - Moderated (AMD) 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 : Advanced Micro Devices - Moderated (AMD)

AMD 236.73

-6.1%

Jan 30 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tony Viola who wrote (59658)	10/22/2001 8:58:22 PM
From: niceguy767	Read Replies (3) of 275872

Tony: "Are you forgetting Goutama's and Niceguy's prediction two years back that once Intel's capital gains were used up thier earnings would plunge? I would say Intel's drop... From q1/99 to q3/01, INTC's goodwill has increased by $5.4 billion and long term investments have declined by $2.5 billion...i.e INTC earnings have been propped up by selling L/T investments and perhaps significantly via goodwill increase which may be "padded" much more than you'd care to know...It'd be interesting to know what comprises the goodwill and what a conservative valuation would peg goodwill at...(It's not wholly improbable that INTC might need to write off $2 or $3 billion in goodwill over the next while and it is not improbable that long term investment contributions might be finished for a while...tough year shaping up particularly if the P4 doesn't fly)...It almost defies any belief system that INTC goodwill could rationally increase by $5.4 billion in the worst downturn in semi history...INTC may well have hit the bottom of the "padding" barrel in q3/01, which if so, means operations will no longer be padded and which pointd tyo some red ink over the next while...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next