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

To: herb will who wrote (147446)	11/11/2001 6:29:01 PM
From: Dan3	Read Replies (2) \| Respond to of 186894

Re: Intel revenues are over 8x AMD revenues Nice attempt at obfuscation, but not good enough. The discussion started out over the issue of Intel selling more P4's than AMD sold Athlons, I replied that they'd better, since their costs are 4 to 5 times those of Intel (actually, 6+). The bottom line is, Intel has been hard pressed to sell anywhere near the number of P4s they'll require to knock out Athlon, despite being a much larger company, with far greater expenses. Also, you have to keep in mind that AMD is much more conservative in its accounting than Intel is. Intel spent about $1 Billion more on PP&E last quarter than it expensed - whereas AMD expensed nearly as much as it spent. If Intel accounting were as conservative as AMD's is, Intel would have reported a loss of about $800 million. Which is about 8 times AMD's loss. And if Intel were honest about writing off its obsolete FABs and equipment the way AMD is, they'd have reported another big chunk of losses. Intel: Accounting in the grand tradition of NT and Enron. :-)