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

To: fingolfen who wrote (172064)	12/2/2002 1:44:25 PM
From: pgerassi	Read Replies (1) \| Respond to of 186894

Dear Fingolfen: You can see it in the thing called a balance sheet. It's called Total Stockholder's Equity. That number on Intel's own quarterly earnings reports and yearly reports continues to drop all while Intel claims it is making money. It used to be in the $45 billion range and is now down to $32 billion range. $13 billion in losses yet none have shown up in those quarterly earnings reports. They are there if you dig and dig. Intel buries those numbers instead of clearly demarking them. They surround them so that the causul person doesn't find them. It used to be all transactions that moved money around the balance sheet were clearly demarked and explained. Almost all of them were in the P&L (Profit and Loss) summary report. That is why most used that as a definitive look on how a company was doing. Now many large movements are buried in the notes and this reduces the usefullness of the P&L. Only the delta of the balance sheet between dates shows what is occuring. And Intel obscures this by constantly changing the categories so that direct comparison to historical data is fraught with errors and caveats. Perhaps the new Oversight board will fix this so that both historical comparisons and inter company comparisons are on a true level playing field. I just do not think they will be able to do it. Pete