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

To: pgerassi who wrote (139593)	7/18/2001 5:15:01 PM
From: Robert O	Read Replies (1) \| Respond to of 186894

pgerassi: I hope your post is a gag. I don't mean to be harsh but you clearly know not of what you speak. Think of this: how in the world can a GAAP plug number show the 'current state of affairs'? Think about it... just the HUGE non-cash depreciation expense makes any plug number not real important. Are you familiar at all with the difference between say the cash flow statement and the balance sheet? Congrats on knowing the acctg 101 formula assets - liab. = Shareholder Equity. Since much of the A and L are not shown at market value (e.g. 'book' +/- adjs.) you get a figure in SE that contains little value. But don't take my word for it...if there are any CPAs out there feel free to chime in. the question to answer is if shareholder equity acts as a good measure of the current state of affairs. RO