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.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Paul Engel who wrote (32868)	5/22/1998 1:59:00 PM
From: Ali Chen	Read Replies (2) \| Respond to of 1580032

Paul, <can you remember what Profits are?> You seem to have an interesting ability to filter out all non-pleasant facts. <Intel did indeed EARN PROFITS of $6 Billion last year. Profits - Ali - remember those?> No, I do not remember those. According to specialists from Forbes magazine, they were LOSSES hidden by the tricky accounting system: Intel "invested" YOUR MONEY into their own packets using non-accountable employee stock options plan. 12c per share - that's all what left from these "investments". <As for his slant on dividends - that is a poor way to invest profits. Intel invests in R & D...> I personally would prefer to reinvest my profits MYSELF. It is apparent now that YOUR PROFITS were poorly reinvested by Intel. As per report from recent Intel shareholders meeting, zdii.com "By spending $2.8 billion in research and development and $5 billion in manufacturing enhancements, Intel is hoping to buy its way out of slow growth." This means that earlier investments in R&D were so insufficient and ineffective that the company has now a very weak grounds for growth. Since you have been somehow close to R&D, you should comprehend that the return from R&D usually happens in 5 to 20 years, so this is a very lame carrot for investors in the know. <Intel invests in ... capital expansion and third party software/hardware vendors.> You mean like that suit-enforced acquisition of obsolete DEC fab? Again, given their current overcapacity, spending $5B in "manufacturing enhancements" does not look very promising in terms of growth in profits... Instead of parroting "$6 BILLION! $6 BILLION! PR-R-R-R-OFITS! PR-R-R-R-OFITS!", you better show your own ability to comprehend FACTS, and to interpret them less narrow as you do.