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GP observes that Intel is behaving in a way that indicates it does not value future cash flows. I reply with one hypothesis for why Intel is discounting future
by sbierwagen 8y ago
GP observes that Intel is behaving in a way that indicates it does not value future cash flows. I reply with one hypothesis for why Intel is discounting future earnings. (Very high discount rate on future cash flows, perhaps) You respond with reasons its discount rate could be lower.
Yes, I agree it would be nice for the United States if Intel's discount rate was lower, but where's the evidence? Does opening a chip packaging plant in China show "legacy, loyalty to family, country, environmentalism, pride, general ethics, etc"?