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


To: Petz who wrote (172034)11/27/2002 11:11:03 AM
From: Road Walker  Read Replies (1) | Respond to of 186894
 
John,

re: The reason its possible is because Intel lumps a lot of corporate wide expenses together and puts them in its "OTHER" division.

You guys think Intel is losing money in every division and dumping it in "Other". "Other" had a loss of $234M last quarter, and that includes "acquisition-related costs, including amortization of identified intangibles, in-process research and development, and write-offs of acquisition-related intangibles. "All other" also includes the results of operations of certain seed businesses that support the company's initiatives as well as the results of the Web hosting business. In addition, the "all other" category includes certain corporate-level operating expenses, including a portion of profit-dependent bonus and other expenses that are not allocated to the operating segments."

It seems highly unlikely that that 85% of "others" loss is due to flash.

Admit it, the Business Week article was full of crap, they didn't check their facts. Let's move on to a more productive subject.

John