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: hmaly who wrote (70800)	2/6/2002 4:21:06 PM
From: hmaly	Read Replies (2) \| Respond to of 275872

To all. Cisco just beat the street by 5 cents and reported a 9 cent /share gain. Hopefully that will get the market out of its doldrums.

To: hmaly who wrote (70800)	2/6/2002 4:39:45 PM
From: Dan3	Read Replies (1) \| Respond to of 275872

Re: You didn't place a call to Maria, did you? LOL!! No, not me. I think it was Wanna_BMW that sent her an email boasting about how much Intel had raised the valuation of their FABs on their balance sheet in a year that everyone else was writing FAB valuations down. Is the cup half empty or half full? Is Intel's plant really worth 50% more than it was when it was producing 25% more revenue? Should all that money they've been spending on their FABs be considered invested? Or just spent and gone .... That's what makes accounting interesting - and very different from the bookkeeping that a lot of people think it is.

To: hmaly who wrote (70800)	2/6/2002 6:21:29 PM
From: niceguy767	Read Replies (2) \| Respond to of 275872

hmaly: "I just heard on CNbc that Intel was down on rumors in the pit about their accounting. You didn't place a call to Maria, did you?" No kidding...such a surprise!!!

To: hmaly who wrote (70800)	2/6/2002 8:28:05 PM
From: niceguy767	Respond to of 275872

hmaly: "I just heard on CNbc that Intel was down on rumors in the pit about their accounting." Well, INTC had net income (NI) in FY98 of $6 billion and revenues of $26.2 billion vs. NI of $1.3 billion on revenues of $26.5 billion in FY01...Stated another way, INTC's FY01 NI vis a vis NI FY98 fell $4.7 billion on flat revenues...or stated another way, INTC included $4.7 billion ($9.7 billion pre tax) more in their statements in FY01 than in FY98... Conclusion: I'd be a whole lot more concerned if INTC's (pre tax costs/revenue) ratio hadn't increased by 35% since FY98... (Obviously how the expenses related to getting p4 off the ground and the related accounting issues may be an immediate concern, but not earth-shaking imo)...(but INTC and its subsidiary(???) Dell have both suffered significantly declining margins over the past couple of years, leaving very little "wiggle room" for absorbing any future p4 "marketing expenses" between them without splashing a great deal of red ink across one or/both entities financial statements!!!...need a recovery (which is currently underway,imo) real soon to avoid red INTC &/or Dell financials)