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To: Sweet Ol who wrote (80429)7/18/2001 12:37:42 PM
From: TWICK  Read Replies (1) | Respond to of 99985
 
Yep. I see it now. INTC's earnings last year included "investments" in that 5.3 billion. So 5.3 billion minus 2.1 billion = 3.2 billion or 60% of real INTC product profits for 2000. As an investor, it's gotta make ya feel real good to know that 40% of last year's revenues came from "investments" and to see it go down the toilet this year.

Last year's second quarter results included a gain on investments of $2.1 billion, primarily from the sale of assets in the Intel Capital portfolio, which compares to a $3 million gain in the second quarter of 2001.

biz.yahoo.com