SI
SI
discoversearch

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 : Intel Corporation (INTC)
INTC 36.85+1.6%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: BelowTheCrowd who wrote (168998)8/3/2002 3:25:14 AM
From: AK2004  Read Replies (1) of 186894
 
Michael
re: Seems a long stretch to assume that there is necessarily fraud going on.
I did not say fraud but rather issues. Intel can not choose which law it wants to obey while supporting the laws in general, it does not work like that anymore. Intel's 'flexible' accounting may no longer be acceptable. Mentioned cost calculations are one of the biggest problems so you can hardly call it a competitive edge unless intel is really going for "fraud".
re: Many would prefer to continue living in a world where they could fill in any number they wanted and have to show very little to justify it.
I am confused because your main argument is that intel should not be forced to justify it's numbers? Are you one of those many or see Intel above the law?
re: due to the "proprietary process" issue
I am not familiar with any regulation that is active or proposed that would require public disclosure of proprietary business information. But the proprietary accounting sounds pretty much like a fraud to me.
-Albert
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext