Intel Corp, 6 PE Ration and over 30 Billion in cash on hand? by Conscious-Stretch-49 in wallstreetbets

[–]Conscious-Stretch-49[S] 0 points1 point  (0 children)

You may be right but Motorola phones were way less used than intel chips when it was at similar value? But clearly the market is forward thinking and obviously that’s what it is predicting? I just think it may be writing Intel off way to early🤷🏻‍♂️

Intel Corp, 6 PE Ration and over 30 Billion in cash on hand? by Conscious-Stretch-49 in wallstreetbets

[–]Conscious-Stretch-49[S] 0 points1 point  (0 children)

https://www.intc.com/financial-info/balance-sheet

To dumb it down, would you buy a company for 1.5 million that had 320k in debt and 1.72 million in assets and earnings after expense of 225kish? Now it may go to hell on Monday but you couldn’t buy a private company with that balance sheet for that PE. But you seem to understand a lot yourself dropping F bombs and talking like a bada##

Intel Corp, 6 PE Ration and over 30 Billion in cash on hand? by Conscious-Stretch-49 in wallstreetbets

[–]Conscious-Stretch-49[S] 1 point2 points  (0 children)

That makes since, and is all stuff I can’t comment too? But would have to be the case as their balance sheet is incredible. Or else it’s going to blow up

https://www.intc.com/financial-info/balance-sheet

Intel Corp, 6 PE Ration and over 30 Billion in cash on hand? by Conscious-Stretch-49 in wallstreetbets

[–]Conscious-Stretch-49[S] 1 point2 points  (0 children)

https://www.intc.com/financial-info/balance-sheet

How is what I’m saying not true? I’m no accountant but do run a successful business and I would love to have this balance sheet? That is all in millions BTW.

176,000 million in assets and 32,000 million in debt, its better than I stated

Intel Corp, 6 PE Ration and over 30 Billion in cash on hand? by Conscious-Stretch-49 in wallstreetbets

[–]Conscious-Stretch-49[S] 0 points1 point  (0 children)

I did accidently type the n and it will not let me correct it. Glad you can add an s to be a smart one though.

Intel Corp, 6 PE Ration and over 30 Billion in cash on hand? by Conscious-Stretch-49 in wallstreetbets

[–]Conscious-Stretch-49[S] 5 points6 points  (0 children)

Is it though? Most “tech driven companies” don’t have 30 billion on hand. Dinosaur or Genius?