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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 236.73-6.1%Jan 30 9:30 AM EST

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To: ptanner who wrote (59682)10/22/2001 10:30:18 PM
From: TGPTNDRRead Replies (2) of 275872
 
PT, Re: <The nearly 10.75% drop in goodwill during the most recent quarter was far more substantial than what I believe the normal depreciation rate would be (30? 40 years?) so it seems there was some "mark to market" adjustment.>

When you look at the type of companies involved you see about the same kind of mix as Nortel had. I'd be surprised if INTC couldn't take 50% of that $5.6B as losses and get the government to pay 30%.

But I'll not beat that particular horse except to say that I think they'd be dumb to not mark to market asap.

tgptndr
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