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


To: ptanner who wrote (116897)6/21/2000 3:33:00 PM
From: Petz  Respond to of 1588130
 
Why is Intel reporting its one-time motherboard charge using post-split number of shares, when the charge will be recognized in the Q2. The split doesn't happen until Q3.

I can just see their earnings report:
"Intel reported record earnings of $1.00 per pre-split share in Q2, not including a one time charge of 0.02 per post-split share. The $1.00 includes investment gains of 0.18 per post split share and does not include acquisition related expenses of 0.15 per post split share."

IOW, they could report $1 and it would really be $1.00-0.05-0.36-0.30 or 0.29. (14 pennies post split)

Petz