Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 207.67

+2.2%

Jan 12 3:59 PM EST

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To: Gopher Broke who wrote (77291)	4/16/2002 7:33:04 PM
From: niceguy767	Read Replies (2) of 275872

GopherBroke: INTC amortized $400 million in q4/01 and $440 million in q1/01 in arriving at eps...In q1/02, INTC amortized ZILCH in arriving at $0.14...Good will on the books in q1/02 is $4.338 billion vs. $4.30 billion in q4/01... Question: How much do you think of that $4.338 billion is impaired??? If INTC answered that in their release, perhaps someone would be good enough to show me where...The point I'm getting at is Global Crossing wrote down goodwill by $8 billion...Do the statements tell you how much of the $4.338 billion that INTC is writing off??? Even if INTC amortized $440 million in goodwill as in the previous quarter (i.e q4/01), they miss earnings by about $0.07 (i.e. flat year over year and down from q4/01)...(Gonna be interesting to see when/where the goodwill issue is addressed by INTC...and yes, I'm assuming there is a significant goodwill issue at INTC)... The market loves INTC's earnings because INTc's claims its margins are up...I don't see any change in margins year/year...The market loves INTC because eps is up...INTC's eps is up only because INTC no longer amortizes $400 million/quarte in goodwill...Hey I'd love it if INTC actually demonstrated strength, q/q or y/y, but I just don't see it!!!

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