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.

Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: AK2004 who wrote (1095)	7/18/2000 7:48:17 PM
From: Petz	Read Replies (2) \| Respond to of 275872

albert, re:<But what happened with increasing capital spending (Osha's point)?> Yes, Intel's capital spending is considerable above its depreciation. I added up all the cash flow numbers and Intel's cash flow was 1.9 billion, vs. 3.1 bilion of earnings. I predicted that Intel would make $1.00 and they did. I predicted that their capital gains would be above even their revised estimate and they were -- 2.341 billion vs. 2.3 billion estimated. Without this additional 41 million, earnings would not have met the magic $1.00 number and just met consensus. However, I was wrong about Intel using a lower tax rate to boost income. That wasn't necessary this quarter. Petz