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Technology Stocks : WDC/Sandisk Corporation

WDC 212.19

+5.9%

Jan 12 3:59 PM EST

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To: JJB who wrote (24061)	12/4/2003 10:11:53 PM
From: Howard R. Hansen	Read Replies (1) of 60323

I think INTL announced $600m good will write down in the "flash memory" area According to CBS Market Watch the write down Intel is taking is related to its wireless communications business. "After the bell, Intel (INTC: news, chart, profile) said it expected revenue at the top end of its earlier projections, but said it will take a charge of $600 million, or 6 cents a share, to write down goodwill related to its wireless communications business."

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