Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.82

+1.5%

Dec 19 9:30 AM EST

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To: Dan3 who wrote (164231)	4/19/2002 12:46:19 AM
From: Monica Detwiler	Read Replies (1) of 186894

Dan3 - More important: when was the last time Intel included all of its costs in its profit calculations? Two days ago - on Tuesday. SANTA CLARA, Calif., April 16, 2002 - Intel Corporation today announced first-quarter revenue of $6.8 billion, down 3 percent sequentially and up 2 percent year-over-year. First-quarter net income was $936 million, up 86 percent sequentially and up 93 percent year-over-year. Earnings per share were $0.14, up 100 percent from $0.07 in both the first and fourth quarters of 2001. In accordance with generally accepted accounting principles (GAAP), earnings in the 2001 periods reflect charges for the amortization of goodwill, which is no longer amortized in the current year with the adoption of FASB statement 142.

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