Replies to post #92859 on Intel Corp (INTC)

[fastpathguru]

IOW, show me the above two paragraphs that are directly from an SEC document and can be quoted as such.

http://sec.gov/news/press/2010/2010-131.htm

The SEC alleges that Dell did not disclose to investors large exclusivity payments the company received from Intel Corporation to not use central processing units (CPUs) manufactured by Intel’s main rival. It was these payments rather than the company’s management and operations that allowed Dell to meet its earnings targets. After Intel cut these payments, Dell again misled investors by not disclosing the true reason behind the company’s decreased profitability.

fpg

[smooth2o]

Not your post, but I don't get why these matter. These rebates simply reduce the cost of goods sold and if they go to "marketing programs" then they appear below the operating line. What gives the SEC the right to require public accounting of these items? Also, as one article says, "Intel should have reported these items to the SEC". Why?

The attempt to eliminate AMD from the account is another matter, if true.

Smooth