Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 301.88

-1.0%

Jan 14 3:59 PM EST

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To: Dale Knipschield who wrote (48514)	6/28/2001 11:03:11 AM
From: Ian@SI	Read Replies (2) of 70976

Knip, I stopped at the first sentence. When the journalist doesn't, or is unable to, distinguish between cash affecting transactions and the write off of goodwill, I'm worried about what other misconceptions will sneak by me as I read his article. FWIW, Ian. +++++++++++ With Lucent and Nortel firing workers and bleeding cash—at about $19.2 billion, Nortel's second-quarter loss will be one of the biggest losses ever by any company Less than $2B is cash, the rest is a write off of goodwill.

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