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Technology Stocks : Intel Corporation (INTC)
INTC 41.14-3.4%Jan 8 3:59 PM EST

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To: jackrabbit who wrote (141306)8/10/2001 10:20:13 PM
From: Windsock   of 186894
 
Jackrabbi - Re:"Statement 142 requires that goodwill no longer be amortized to earnings, but instead be reviewed for impairment. This change provides investors with greater transparency regarding the economic value of goodwill and its impact on earnings."

Well it seems that the CFO of Intel is smart enough to prepare recently a pro forma earnings statement that provides greater transparency for earnings reports, even though it was not required. Perhaps, Andy Bryant was even aware of the proposed Statement 142 and its purpose.

The Intel shareholders and others benefit even before the FASB requires the transparency. Good job Andy B.
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