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Technology Stocks : Intel Corporation (INTC)
INTC 38.33+3.5%Nov 5 3:59 PM EST

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To: Saturn V who wrote (96164)1/13/2000 10:04:00 PM
From: Michael Collings  Read Replies (1) of 186894
 
Saturn:

Yes the amortization is because the market value is higher than the book value. Of course that isn't always true.... way back when you used to see stocks trade around book, but that was a different era. However, when they take gains on their stock investments, that is just the reverse and should not go on "income from operations" either. It is a one time gain also.

The true number for "income from operations" reported is much less than the 69 cents reported. That is a deception. And yet that is how it was reported. Basic share 63, diluted share 61 and operating 69.
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