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

To: fingolfen who wrote (145469)10/16/2001 6:43:52 PM
From: pgerassi  Read Replies (1) | Respond to of 186894
 
Fingolfen:

If I had the right to really look at the real books instead of this PR, I would be able to tell what is really going on. And yes, you can be creative in accounting and yet not be afoul of the law (one reason laws change to eliminate loopholes (yes, I know, Congress puts at least two new ones in for every one they remove)). You or your accountant does it every tax time (here is another kudo for Intel, they found a way to reduce their taxes by $100 million). Mine helps me find the correct way of looking at things to get the most refund (that and less aggravation are the reason why I use one at tax time, its well worth the $100 I paid this year) from the government.

Pete



To: fingolfen who wrote (145469)10/16/2001 8:07:31 PM
From: Bob Duncan  Read Replies (1) | Respond to of 186894
 
Fingolfen,

I agree INTC uses some of the "best" prop up accounting around. It is nice to be long the stock though -- you can count on them to use as much BS as possible to meet reduced expectations every time possible.

Too much "smart" money loves this stock, I sure hope you are not short.


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