Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (67494)	1/9/2002 11:48:09 PM
From: Dan3	Read Replies (1) \| Respond to of 275872

Re: In line 53, "Property, plant and equipment, net," the growth in the same time period is $4,724M LOL! I guess beauty is in the eye of the beholder! Those are the same numbers (rapidly growing, undepreciated capital expense) that I see as a negative indicator for Intel. My reasoning is that, with revenues flat or falling, undepreciated capital should not be rising so fast - and a true valuation would show that it isn't, even if, on paper, the value of that plant rose a great deal.

To: Tenchusatsu who wrote (67494)	1/10/2002 6:16:41 PM
From: ptanner	Read Replies (1) \| Respond to of 275872

Tench, re: "Yet in line 54, long-term investments declined by $4,904M. More evidence of unrealized losses on investments." Wouldn't a lot of this decline be from the massive (and well-timed) sales of Intel Capital investments during the first half of 2000? Intel does have a relatively modest, unrealized net loss in Intel Capital. This value was listed as approximately $120M depreciation on marketable securities worth $232M as of the 3Q01 earnings release. I haven't been tracking this specific exchange on Intel's financials or the quarterly reports on Intel Capital. However, I agree with you that a large part of Intel's cash has been invested in new fab capacity. I did do some number gathering on this and may post later if it seems sufficiently interesting. -PT