Nvidia Memo to Wall Street Analysts
Memo Obtained by CNBC:
"Worldcom overstated earnings by capitalizing opearting expenses as capital expenditures. We are not aware of any claims that NVIDIA has improperly capitalized operating expenses. Several commentators allege that customers have overstated earnings by extending GPU depreciation schedules beyong economic useful life. Rebutting this claim, some companies have increased useful life estimates to relect the fact that GPUs remain useful and profitable for longer than originally anticipated; in many cases, for six years or more."
Mr. Cramer說怎麽可以拿自己的公司跟Worldcom相提並論。但Cramer還是堅定地相信Nvidia是最厲害的芯片公司。
