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

To: AK2004 who wrote (152737)	12/17/2001 11:41:07 PM
From: Ali Chen	Read Replies (1) \| Respond to of 186894

Albert, "the estimate based only on manufacturing costs would produce net cash flow from operations." It is useless. These guys suffer from a special form of alzheimer - "Intelholder's selective memory syndrome". When speaking about Intel's "profits", these guys go strictly by the book of GAAP and "forget" that money is money when they are paid out of pocket, even if it is "internal" pocket ;-) When counting beans of manufacturing, they suddenly "forgot" about depreciation and R&D expenses... They "understand" things only one way. - Ali