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Technology Stocks : Intel Corporation (INTC)
INTC 39.36-0.1%Jan 5 3:59 PM EST
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To: Windsock who wrote (141127)8/9/2001 6:31:38 PM
From: brushwud   of 186894
 
Acquisition costs, including goodwill, are determined by the tax code.

The rate at which Intel writes off goodwill is not determined by the tax code.

According to their SEC filings, they amortize goodwill over at most six years of useful life, but for tax purposes they have to do it over a lot more years.

Intel investors don't focus on the bottom line anyway. It's the third line from the bottom that really counts, right?
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