Replies to post #2100 on Intel Corp (INTC)

[spokeshave]

Elmer Phud: Re COGS

I missed the part about R&D and depreciation not being included. That changes things significantly, but does not give a very accurate picture of costs. You can't just ignore it. If you do, your estimate of $25 of less is probably a pretty good one, but the number is meaningless without R&D and depreciation.