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

To: pgerassi who wrote (140198)	7/26/2001 2:13:41 PM
From: fingolfen	Read Replies (1) \| Respond to of 186894

Then do not use WS as a source of valuation. They lie to you! Is Intel worth $28 a share? Not at $0.03 a share. Did you pick up the news that the SEC is investigating these pro forma earnings and the uses they are put to? It seems that the SEC may put their foot down and force these companies that use pro forma earnings and stop them. If that happens, would you believe that Intel (with others that do it) will have a large share devaluation? I mean the PE ratio is now 4 times greater, doesn't it mean that the share price will drop to a fourth of current value? That would be about $7 a share, roughly the same price to book ratio as AMD. What will the shareholders say to management then? Are those sour grapes I smell????

To: pgerassi who wrote (140198)	7/26/2001 2:30:01 PM
From: GVTucker	Respond to of 186894

pgerassi, RE: Is Intel worth $28 a share? Finally, you state something that is indisputably correct. Intel indeed is not worth $28 a share. Right now, it is worth $29.28 a share, no more, no less.

To: pgerassi who wrote (140198)	7/26/2001 2:37:25 PM
From: Tenchusatsu	Read Replies (1) \| Respond to of 186894

Pete, <Then do not use WS as a source of valuation. They lie to you!> We're supposed to believe Jerry Sanders then? Tenchusatsu

To: pgerassi who wrote (140198)	8/6/2001 5:17:48 PM
From: Robert O	Read Replies (1) \| Respond to of 186894

Pea: you: If that [SEC forcing companies to stop reporting pro forma earnings] happens, would you believe that Intel (with others that do it) will have a large share devaluation? No not at all. That idea is the exact OPPOSITE of what I have been posting to you all along. The idea you are positing, to wit that investors are forever being 'fooled' by the accounting methods used by many public companies, is preposterous on its face. I have covered in detail the many reasons why sophisticated investors understand the underlying realities and attempt to discount net cash flows. At the risk of sounding non-P.C. I must ask you this in all earnestness, please do not take offense, is English your first language? I'm just trying to figure all this out. It's either the logic of grammar or just logic that confuses you, I'm cheerleading for the former ;-) All my Best, RO