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Technology Stocks : Intel Corporation (INTC)
INTC 34.30-1.2%3:59 PM EST
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To: Dan3 who wrote (90302)10/14/1999 9:37:00 AM
From: JDN  Read Replies (1) of 186894
 
Dear Dan3: You are correct that book values are reevaluated at the time of acquisition and lower of cost or market values assigned however you are Incorrect to say that Goodwill means I paid more than it was worth or words to that effect. The value of certain contracts, customer lists, patent rights, a going business etc etc etc often is more valuable than land, buildings, tools, inventory and the like. For instance would you have liked to own the rights to the Bell invention many years ago, or would you have rather owned his meager tools? JDN
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