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

To: pgerassi who wrote (141170)	8/9/2001 1:50:09 PM
From: Tenchusatsu	Read Replies (2) \| Respond to of 186894

Pete, <Would you trust a used car salesman ...> You trust Jerry Sanders. You lose. Tenchusatsu

To: pgerassi who wrote (141170)	8/14/2001 12:43:39 PM
From: Robert O	Respond to of 186894

PEA: My GAAP was a typo (obviously). But thanks for the definition ;-) As usual you do a good job of bolstering my case. You reference the one gov't agency (SEC) that we can all THANK for making the United States markets the most trusted and, dare I say it?, accountable in the world. There are plenty of rules to ensure that at least a floor is in place for a minimal amount of financial disclosure. That floor is WELL BEYOND what other countries require from their public companies. Of course there could be more disclosure but that comes with costs. In fact some argue the financial disclosure requirements are already too burdensome. I'd say it's a pretty good balance. Are there other reasons the US is such a great place to invest? Of course. But stability and trustworthiness in required disclosures helps enormously. You obviously will never be satisfied and believe many large company financials are a chimera. All your tired analogies to used car salesman’s untrustworthiness go out the window. Let me guess you applaud California for putting into law so many regulations to 'save' investors from themselves that the red taped bureaucratic mess of paperwork required to ALLOW an investment to be 'blessed' by the great and wise(r) state of California is nightmarish. Kudos you now have a great example of more gov't regulation and increased 'protective' measures. Good suggestions, Pea, you figure no one is 'smart' enough to figure out a trivial concept like Pro Forma extrapolations from required SEC disclosures. And that no one is bright enough to even make comparisons. So let’s get the gov't involved to do our thinking for us and bog down business even more with add'l mandated disclosures. You forget the greatest adage on the Street: The business of business IS business. How about we let a great company like Intel get on with making me rich. RO