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Technology Stocks : Intel Corporation (INTC)
INTC 43.48+8.6%3:59 PM EST
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To: Petz who wrote (95817)1/12/2000 3:09:00 PM
From: Robert Douglas   of 186894
 
Petz,

Intel had goodwill amortization in the 3Q of $121M. After taxes of 39% this amounts to about $73.8 M or 2.1c fully diluted per share.

After the changes in the pooling method of accounting for acquisitions, Wall Street has begun to adopt the earnings before goodwill approach. This is hardly news to anyone, except you apparently, and it is far from accounting gimmickry.
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