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

To: BelowTheCrowd who wrote (170659)	9/5/2002 11:57:14 PM
From: L. Adam Latham	Read Replies (1) \| Respond to of 186894

Michael: If you don't want to compare GAAP this year with GAAP last year, the only alternative is to compare to pro forma last year. As I said, that doesn't cut it anymore. You can't start making up numbers to compensate for changes - reporting multiple sets of numbers is what got companies into trouble in the first place. Because of the corporate scandals this past year, GAAP is the ONLY accepted way to compare earnings, and Intel is continuing to grow GAAP earnings at ~100% YOY. Adam