Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 47.14

-2.3%

12:35 PM EST

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To: Joel R. Phillips who wrote (4298)	10/15/1996 10:37:00 PM
From: exhon2004	of 186894

Joel: How do you figure they are sinking 50% of their eps into capital? The correct way to look at this is to net capital expenditures against depreciation. For the 3rd quarter intc had 496M in depreciation against capital spending of 630M, or a net decrease in cash of $134M. (About 10% of the current quarters earnings of 1.3B). Earnings were up a lot more than 10% whether measured consecutively or compared to 3rd qtr 1995. Best Regards Greg Gimelli

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