Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 38.16

+2.5%

Nov 7 9:30 AM EST

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To: Tenchusatsu who wrote (96178)	1/14/2000 2:50:00 PM
From: Michael Bakunin	Read Replies (2) of 186894

If they shift ongoing businesses out of segment breakout information, methinks (gotta go check SEC/FASB..) they have to restate prior periods. Indeed: check out Item 101, section b here: sec.gov "SFAS No. 131 provides that if an issuer changes the structure of its internal organization in a manner that causes the composition of its reportable segments to change, the issuer must restate the corresponding information for earlier periods unless it is impracticable to do so.[28] In the final rule we conform the language of Item 101 with the language of SFAS No. 131 regarding when a company must restate." Nice try; no cigar. IABG revenues and earnings were flat with last year. -mb

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