Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: pgerassi who wrote (139664)	7/19/2001 9:04:42 AM
From: jackrabbit	Read Replies (1) \| Respond to of 186894

Re:Check the balance sheets of companies in either chapter 7 (liquidation) or chapter 15 (reorganization). You see that this is a common trait. On some the quality of the assets is questioned and a company can be forced into either chapter (7 or 15) before it (TSE) does go to or below zero. Chapter 15????? In addition to your accounting expertise, I see you are an expert on bankruptcy law also.

To: pgerassi who wrote (139664)	7/19/2001 3:52:54 PM
From: Robert O	Read Replies (1) \| Respond to of 186894

Pea, Ok I did go back and here is your exact post: 'Depreciation is delayed until production start and then goes as an expense decreasing both equity and assets. If it ever reaches zero, the company is bankrupt.' See how 'it' refers to Depreciation? If you did not intend that then I suggest reviewing AP Style Guide at your earliest leisure ;-) Since you have resurrected topic, I guess I'll take the time to point out that your last sentence (again exact quotation) that 'Intel has unrealized losses in the stock, their fabs are worth less than they paid, their acquisitions are worth less and it all reduces stockholders equity' is exactly the opposite of what actually happens since they're carried at adj. book. I guess you meant they should reduce SE but don't ... hard to follow since you have acctg concept backwards. But thanks anyway as you have helped make my point for me. <g> RO