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Technology Stocks : Intel Corporation (INTC)
INTC 36.38-1.3%Dec 22 3:59 PM EST

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To: Lizzie Tudor who wrote (178215)5/29/2004 1:40:35 PM
From: willcousa  Read Replies (2) of 186894
 
valuation is an elusive thing. you never really know what the value is until you seriously go to sell something. even then, there are time sensitivities. let's take a house in California. you can do all the market studies you want, set the "right price" and odds are that at least two parties will bid vs. each other and the result will be a price above what was set. if you have the stomach to wait things out for a few days you will probably get an even better price. and yet we have to value things all the time and we do it. I don't think you can dismiss an accounting rule just because valuation is difficult.
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