Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 41.41

+2.2%

Dec 5 3:59 PM EST

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To: Tushar Patel who wrote (168134)	7/13/2002 1:57:56 PM
From: The Duke of URL©	Read Replies (2) of 186894

you are confusing expenses with assets Huh The 3.7 was INCOME. The 2 Billion is the value of the fund over and above what Intel paid for the stock. That is an asset. These two concepts are different. Actually, if memory serves, INTC was up about 10 Billon, total. They cashed out four or five Billion and are up 2 billion on what they have left. My point about WCOM, is that what that company did is confuse what should be capitalized, as in assets, and what should be taken into income as an expense.* *Normally, this decision is made by the accountants after months decisions. It is not the subject matter of fraud. IT IS NOT ANYTHING LIKE Enron's hidding 12 BILLION dollars in loans from the balance sheet. But a lot of politicians would like you to think so to hide their own defalcations.

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