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


To: Dan3 who wrote (170639)9/5/2002 7:22:40 PM
From: steve harris  Read Replies (3) | Respond to of 186894
 
Dan,
re:earnings

Wonder how much was added by selling off part of the company?

biz.yahoo.com

" SANTA CLARA, Calif. (Reuters) - Intel Corp. (NasdaqNM:INTC - News) on Wednesday said it has struck a deal to sell its division that makes software to manage computer networks to a company formed by two venture capital firms.

Financial terms of the deal, which is expected to close this month, were not disclosed."

Steve



To: Dan3 who wrote (170639)9/5/2002 9:44:05 PM
From: BelowTheCrowd  Read Replies (1) | Respond to of 186894
 
I didn't hear ANYBODY on the conference call talk about growth of GAAP earnings. They're not crazy enough to try to pull that kind of crap.

Besides, as we've seen in the past year or so, it's quite possible to manipulate GAAP earnings in all sorts of legal ways, so I don't think that's really what people are caring about most.

While the current picture is not as bad as I thought it might be, anybody trying to make a "growth" story out of the current malaise is just plain nuts.

And frankly, everybody (on either side) who are spending most of their time worrying about AMD vs. INTC rather than worrying about the overall dismal state of the industry, is missing the big picture completely.

mg