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

To: pgerassi who wrote (139605)	7/18/2001 7:15:21 PM
From: Tenchusatsu	Read Replies (2) \| Respond to of 186894

Pete, <All you are doing is trying to talk away a big negative for Intel.> Name one positive thing about Intel that you've ever pointed out, except as a lead-in to a negative. Tenchusatsu

To: pgerassi who wrote (139605)	7/18/2001 7:51:57 PM
From: Robert O	Read Replies (1) \| Respond to of 186894

Peagear: You are mixing apples and oranges... and that will only get you fruit salad! I'm certainly not out to back up every large public company's reporting of EPS, etc. You attempt to bring up every thing in the book (no pun) except an appropriate response to the issue we were tackling, to wit: is shareholder's equity a good measure of the current state of affairs. Instead of explaining each and every item you bring up let me just state that most every company deploys the same kinds of accounting and much more importantly everyone other than Joe Sixpack knows what is built into much of what is reported. Say what you will about the analysts, I agree they can be a sad lot, but come on the staffs at these large houses can easily determine, for the most part, real 'flow thru' earnings and estimate future cash flow without being totally fooled by 'accounting gimmicks.' This isn't Europe after all <g>. Your comment that: 'If [depreciation] ever reaches zero, the company is bankrupt' is so bizarre that I will leave it to threaders to spit-take their beverage of choice. BTW, the idea that high tech items and particularly facilities may be depreciating faster than Internal Revenue Code guidelines provide for is not a novel concept. Again, the Street has that one figured out. Pea, again you do have some, at least, moot points in your missive, but refrain from champing at argument's bit so readily... as an accounting question this one is a slam dunk. Regards, RO Ps I noticed you have now hedged your original statement to read the change in SE is an important number instead of the number itself which was your earlier position. I don't blame you... an argument could be made that rate of change of nigh any comparable number should tell something. Here's original as reminder: 'The thing to really know if a company is actually earning money is to look at current total stockholder equity.' Nah.