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Technology Stocks : Intel Corporation (INTC)
INTC 37.66-0.7%9:56 AM EST

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To: Tony Viola who wrote (93832)12/11/1999 6:51:00 PM
From: xstuckey  Read Replies (1) of 186894
 
"Does anyone know if the $5B investment portfolio (including the 9% of VA Linux) is reflected at cost on Intel's balance sheets?"

Tony, Intel Investors,

In the 1998 annual report, Intel lists $5.375 billion as both the "carrying amount" and as the "estimated fair value", with a difference of zero between them, of an item labeled "Long Term Investments."

It would appear that Intel "marks to market" in their financial reports.

Best Trading,
X
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