Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 47.43

-1.8%

1:49 PM EST

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To: L. Adam Latham who wrote (171635)	10/16/2002 8:05:28 AM
From: Dan3	Read Replies (1) of 186894

Re: Reporting and comparing GAAP earnings GAAP was significantly relaxed for this year, especially for companies like Intel that have a lot of "soft" assets like goodwill. This year vs. Last year numbers in financial reports almost always restate the LY numbers when the number's definitions are redefined. Intel choose to not do this - a sign of desperation. Which I don't get, since, given the state of the economy and the brutal price war they're waging against AMD, Intel's numbers weren't bad, even the real ones (as opposed to what Intel reported).

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