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.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (27201)	1/9/2003 12:25:26 AM
From: Raymond Duray	Read Replies (2) \| Respond to of 74559

elmat, This may not be your cup of tea, but I found it to be well written and well considered. It helps to explain why the Bush team won't come up with a plan that helps the tech industry. washingtonmonthly.com "Dick Cheney is a Man of Principles. Disastrous Principles........."

To: elmatador who wrote (27201)	1/9/2003 2:12:51 AM
From: energyplay	Respond to of 74559

Interesting post, elmat, but the author of the article full of it- Microsoft has been cash flow positvie for a long time - with 80+% margins on software, and no capital expenditure, it's hard not to be. That's why they have 40 billion in cash. Intel has about 12 billion, and they may need captila for chip plants. Cisco big expenses were buying companies, almost all done for stock. This creates an "intangible goodwill" which needs to be depreciated, but that's an accounting entry, not cash. Start up and early stage companies do need cash - but most of the electronic (not biotech) side is mature, and has reasonable cash needs.