Let's go back to 2004 and see that INTC mistated earnings dramatically over 3 years by NOT expensing stock options (while acccepted by FASB) and is it ANY wonder? that INTC is the leading desenter to expensing stock options? WHY? because it would show they have no growth in earnings? because it would show they made a lot less than shown?
Why they spend $2 B a qtr buying back stock to make earnings look better? Is buying back stock, does that have anything to do with company profitability?
Here is the latest on INTC *("We continue to think it would be good policy and simple common sense to delay" the June 15 deadline, Intel Corp. spokesman Bill Calder said.") I bet they do!
Futures lit up RED
Duratek
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