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To: Tom Hua who wrote (14296)	9/28/2001 1:34:56 PM
From: DDV	Read Replies (1) of 19633

Hi Tom, Can you check this news from NTIQ. WASHINGTON (Dow Jones)NetIQ Corp. (NTIQ) expects to amortize $794 million of goodwill and other intangible assets in the fiscal year ending June 30, 2002. NetIQ amortized $554.7 million of goodwill and other intangibles in fiscal 2001 and $64.2 million in fiscal 2000, according to the company's annual report filed Friday with the Securities and Exchange Commission. NetIQ reported a net loss of $523.8 million, or $12.48 a share, for the fiscal year ended June 30. Excluding certain items and goodwill amortization, NetIQ reported earnings of $28.6 million, or 63 cents a share. The provider of ebusiness infrastructure management software will have about $920 million of unamortized goodwill when it adopts Financial Accounting Standard 142 on July 1, 2002, the filing said. Under FAS 142, companies will continue to amortize intangible assets with finite useful lives. Goodwill and intangible assets with indefinite lives won't be amortized any longer and instead will tested for impairment annually. Adoption of FAS 142 will eliminate $753 million of annual goodwill amortization, Net IQ said. NetIQ said it will evaluate goodwill for any potential transitional impairment charge when it adopts FAS 142. Shares of NetIQ Friday afternoon traded at $22.91, up $1.03. Robert L. Grant; Dow Jones Newswires; 2023937851; robert.grant@dowjones.com (END) DOW JONES NEWS 092801 Daniel

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