SI
SI
discoversearch

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


To: Dan3 who wrote (138811)7/8/2001 1:34:10 AM
From: Ali Chen  Respond to of 186894
 
Dan3, "Intel can easily suspend the stock buyback"

Is not it true that the stock repurchase is
not accounted as expense in accord with current
formal accounting rules?
(there were a couple of clashing about this issue
on this and other related threads starting
from Forbes Magazine publication in May 1998).
However, the proceeds from sales at exercise
price seems to be on income part of balance
sheets. Funny, is not it, or did I miss
some new accounting style?

- Ali



To: Dan3 who wrote (138811)7/17/2001 6:19:21 PM
From: Tushar Patel  Read Replies (1) | Respond to of 186894
 
Cash

Cash and short-term investments
Jun 30 2001 $ 9,340
Mar 31 2001 $ 10,058
Dec 30 2000 $ 13,473

Thus cash went down less than 1B. This is in spite of 2.1B capital spending. By the way Intel has now already spent 4.8 of the 7.5B. Thus it will only spend 2.7B over the next 2 quarters on capital spending.

No cash crisis. In fact, cash may even start to increase again.