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Technology Stocks : Intel Corporation (INTC)
INTC 43.75+0.6%Dec 3 3:59 PM EST

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To: Eric K. who wrote (170671)9/6/2002 9:41:31 AM
From: L. Adam Latham  Read Replies (2) of 186894
 
Eric:

Re: Stop bsing that a couple quarters of high growth in earnings (due to an accounting fluke)

Sorry, but GAAP earnings are not an accounting fluke - they are the ONLY way to evaluate corporate earnings in this hostile environment. The public doesn't trust companies that "exclude this" and "include that" and "EBITDA the other" and "one-time gain something else". Nobody trusts pro forma results anymore - people who want to continue using pro forma earnings are not facing reality.

Re: Care to make a wager that between Q3, 2002 and Q3, 2003, Intel will grow GAAP earnings at > 100%?

I haven't analyzed it that far in advance, but I will after Q3 results are announced in a couple of weeks. And I've already made a wager that INTC will do well in the future by increasing my INTC position by 15%.

Adam
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