Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 48.59

-1.3%

3:59 PM EST

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To: Time Traveler who wrote (36688)	10/18/1997 3:28:00 AM
From: Joe NYC	of 186894

John, Just imaging if this sum were received this quarter instead of diverting to the next quarter, this would add another $1.40 to the $0.88 EPS. Not exactly. When you ship a chip to a customer, the anount customer owes you becomes account receivable, becomes your income. Even before the cash is received. When Intel get's paid, the only thing you do is decrease accounts receivable and increase cash. No effect on income. A better analysis has to consider the difference in account receivables between Q3 and Q2. The only thing this difference influences is cash, not income. Joe

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