Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 208.55

+0.5%

3:21 PM EST

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To: g_w_north who wrote (82920)	6/19/2002 1:04:15 PM
From: niceguy767	Read Replies (1) of 275872

g_w_north: "You should know by now that Intel makes their numbers lowered or otherwise by using investments. Intel, Dell and others have been doing this for years. Then again, there may be much more scrutiny on the numbers this time around in light of recent events. It would be a good time for them to 'change accounting practices'." INTC has used up their $3 billion plus investment buffer...I'm still not clear what they are going to do with that $5 billion in questionnable value goodwill sitting on the balance sheet...I seem to recall that it has to be written off in FY02...If so, no doubt, it will not be factored in to eps calcualation but entered as a "one time" transaction...Also as previous posts indicated, INTC's netPPE/revenues ratio has skyrocketed over the past 2 years, implying that there is no longer much in the way of "depreciation play" left...Just nowhere to hide for INTC this q2, not unlike AMD, methinks...

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