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Replies to #98888 on Biotech Values
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jbog

07/15/10 9:25 PM

#98892 RE: turtlepower #98888

Turtle,,,


I don't see a double dip when corporations are spending on servers.

For the life of me, I can't understand why the press keeps on talking about a double-dip recession.


Putting the 'technical' metrics of what a recession is on the side for one minute let's look at how we left the recession.

Recession's are measurements of a country's GDP (major item)so how can we possibly say we even left the last recession while the Government is deficit spending to the sum of 11% of our total GDP at this point? In simple terms, Washington is overspending to the tune of 11% of GDP just so we can show a 3% to 4% gain.

Government stimulus is supposed to be short term to hold a economy together why people reorganize and then they take over.

I don't see people 'taking over' yet, so I guess we can say we'll fall back into a double-dip once the Government closes it's checkbook. That'll be sad, but in truth we never left the first one.



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DewDiligence

07/18/10 7:48 PM

#99018 RE: turtlepower #98888

INTC 2Q10 Quarter-over-Quarter, Year-over-Year Results


2Q10 QoQ Change YoY Change*


Revenue 10.8B +466M ( +5%) +2.7B ( +34%)
Operating income 4.0B +533M (+15%) +2.5B (+177%)
Net income 2.9B +445M (+18%) +1.8B (+175%)
EPS 0.51 +0.08 (+19%) +0.33 (+183%)

*Excluding $1.45B EU fine charged in 2Q09.Note the operating leverage, i.e. the numbers get better as one scans the table from top to bottom.

Source: #msg-52397630; table reformatted to illustrate my point about operating leverage.