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

To: Dan3 who wrote (138769)	7/7/2001 12:33:58 AM
From: COMMON_SENSE	Read Replies (2) \| Respond to of 186894

You went to Edgar and I went directly to the AMD site. That is why there is different information accessible to each of us. Edgar is usually very complete. I would have thought the AMD site would give a good synopsis and Edgar is hard to navigate - so I avoided it.. You are showing me that AMD has Depreciation and amortization 152,933 127,892 The problem with this statement is that the depreciation is lumped with their amortization. Amortization often includes a whole basket of intangibles like the value of the good will inherent in the intellectual property of the company. In the Savings and Loan Crisis of a decade ago - the whole deck of cards fell in when it was discovered that goodwill and amortization were vapor and had little to do with actual cash value. So when you tell me it is right here in the statement and I go to the AMD site and rely on their statement as they post it and then you go on to a different statement using Edgar which is their actual filing, - then I find this whole thing is a hard thing to swallow. They haven't split out the goodwill from the depreciation nor is there any breakdown on the fixed assets being depreciated vs the manufacturing or depleting assets. There may or may not be footnotes to back up their figures, but we lack them as investors. I also believe you are not hearing what I am saying.... and that is that AMD has a lot less cash and a lot of write-off on their statement. This depreciation and amortization should be held in reserve as a cash item to use on buying future assets. It may or may not be there in the next few years when they need the funds. I do not see any place where they have set up a reserve fund to keep these depreciated funds segregated for future use. And that is because they are probably using these funds for working capital. Many companies do just that. And as for the other poster who so flippantly said I should go back to learn how to read a financial statement - that is patently unfair. I have been reading financials for over 40 years and have little problem understanding them. I run corporations....