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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Saturn V who wrote (96061)	1/13/2000 7:12:00 PM
From: Richard Gibbons	Read Replies (3) \| Respond to of 186894

Has anyone here actually looked at the financial statements? Three Months Ended Dec. 25, Dec. 26, 1999 1998 ----------------------------------------------- OPERATING INCOME 2,754 2,836 Interest and other 508 244 -------- -------- INCOME BEFORE TAXES 3,262 3,080 NET INCOME $ 2,108 $ 2,064 =============================================== I don't understand how people see this as a good thing. INTC's operating income has declined year-over-year. Any growth that INTC has seems to be coming only from investments. Furthermore, the investments don't show up as one time gains, so it seems like Intel is saying "One time charges are one time charges, but one time gains are regular income." Can someone explain to me what's good about the numbers in this report? Thanks, Richard