Silicon Investor (SI) -- The First Internet Community

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.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: kapkan4u who wrote (106645)	4/18/2000 5:30:00 PM
From: kapkan4u	Read Replies (3) \| Respond to of 1574439

Intel will tank NAZ tomorrow. Kap

To: kapkan4u who wrote (106645)	4/18/2000 8:06:00 PM
From: Petz	Read Replies (2) \| Respond to of 1574439

kap, re:<Intel's real EPS: $.78 - $.17 (tax credit) - $.19 (cap gains) equals $.42 a share> BINGO! You're the first who posted the real eps. Here's another gotcha: I've always been suspicious of how Intel lumps together everything except CPU's and this business always loses money quarter after quarter. Well, this quarter the non-CPU business LOST 0.09 per share (adjusted for taxes). They lost $458M on sales of $1,412M. Now I believe someone on this thread said that Intel's Flash Memory sales were nearly as high as AMD and Fujitsu combined. Lets say $500M. Only a complete clown of a company could fail to make at least $100M profit on $500M flash sales! This means that the rest of the "other" businesses lost $558M on sales of $912M. In fact, despite the booming flash memory market, Intel's losses in the "other" businesses grew by 50% in the last year. Is Intel management of the "other" businesses and its acquisition strategy really THAT bad, or possibly, Intel is improperly allocating expenses to the "other" segment to make the vaunted IABG segment look better on paper. Petz

To: kapkan4u who wrote (106645)	4/19/2000 12:45:00 AM
From: Charles R	Respond to of 1574439

Kap, <Cap gains $640M vs. $500 guidance. $140M difference or more than $.04 a share. Another BAM, BAM quarter for Intel. Intel's real EPS: $.78 (with acquisitions costs) minus $.17 (tax credit) minus $.19 (cap gains) equals $.42 a share> The numbers look slightly different once you take tax impact into consideration but nevertheless, you are essentially correct. The core business performance is downright pathetic. Even if one were to take the other areas into consideration, neither Intel's revenues nor the profits are growing at a clip to justify the current valuation. Chuck