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 : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: Dan3 who wrote (48729)	7/23/2001 2:44:59 PM
From: tejek	Read Replies (1) \| Respond to of 275872

Re: Did you catch this line in Intel's Q2 2001 report, The intel report, in general, is a laugh riot. Did you notice that they added $800 million in new "goodwill" this quarter? (while making a big deal about excluding the $600 million in charges for existing "goodwill" from their pro forma earnings) And, while "trading assets" are only down $320 million, "strategic securities" are down another $510 million and "long term" investments are down $47 million. Then there is the note that an additional $58 million in losses hasn't yet been recognized. Dan, there have always been questions re Intel's accounting procedures and that also is true of a number of big Naz companies. I am not an accountant so I don't want to comment. However, what I was looking at is the amount of cash they hold........as corrected by Pete, that number is $9.3 billion. That can keep Intel warm through a number of quarters. In the meantime, AMD is sitting with $1.0 billion. A big difference and IMO makes for not such great odds. ted