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

To: Paul Engel who wrote (140386)	7/30/2001 10:54:46 AM
From: pgerassi	Read Replies (3) \| Respond to of 186894

Dear Paul: Intel can't compete with AMD using the rules all must follow, so they want to change them. Well, too bad! Intel will have to play by them. Unless, you want them fined by the SEC or worse! The problem for Intel is that if the $0.03 number is circulated, Intel's stock would drop mightly. Who knows, maybe it would drop to 1/4 its current value, about $7 a share. Just think of the lawsuits that would be filed! Pro forma earnings were started by dot coms to justify their inflated prices. You remember what happened to them, don't you? Intel seems to have needed the same justification and eventually will probably get the same result. Pete