Technical analysis for shorts & longs Message Board

STOCKTALK

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.

Strategies & Market Trends : Technical analysis for shorts & longs

SPY 680.59

+0.6%

Dec 19 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Johnny Canuck who wrote (40743)	2/24/2004 12:36:35 PM
From: Logain Ablar	Read Replies (1) of 69163

Hi Harry: rmbs will be fine as long as the patents hold up. re yesterdays intc news with IRS assessment of $600m. Not to be taken lightly but I remember a time when the co. I worked for was assessed 600m in one audit cycle for one group of subsidiaries. All of a sudden I and two others were switched to focus on this 100% and it ended up being a few million in Co's favor [we are talking about 1 year of due dilligence work and another year (less but i forget how long) of negotiations with IRS. Since INTC's auditors (thus I assume tax advisors) are E&Y and NOT KPMG I would think INTC eventually lowers the $600 to a non material amount. Of course if they did not due the sales property (i.e. fall out of the transfer pricing regulations) they can have some trouble. The only ones who understand the transfer pricing rules are the lawyers who wrote them (while they left public practice to work @ the Treasury).

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next