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Politics : Formerly About Advanced Micro Devices

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To: Goutam who wrote (75489)	10/14/1999 1:24:00 PM
From: Petz	Read Replies (2) of 1572474

Goutama, ho-hum another Intel acquisition at 15X book value (DSP). Amortization of the goodwill on this one will decrease Intel earnings by 75M a quarter for the next five years. With 9.5M in net income in DSP's best ever last quarter, just subtract 65.5M/(3.556 billion shares) or 1.8 cents per share from Intel's earnings for the next five years. A billion here, a billion there, even for a company with 3.6 billion shares, it starts adding up. Petz

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