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Technology Stocks : Intel Corporation (INTC)
INTC 37.32+1.8%3:59 PM EST
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To: Road Walker who wrote (176535)1/14/2004 5:03:15 PM
From: The Duke of URL©  Read Replies (1) of 186894
 
According to the company, briefing dot com is wrong:

"The fourth quarter 2003 results included the impact of a $611-million goodwill write-down related to the Wireless Communications and Computing Group (WCCG). At the time of the fourth-quarter Business Update, the company also anticipated a tax benefit of approximately $200 million related to a divestiture. Due to an additional divestiture that closed during the quarter, the tax benefit increased by $420 million, or approximately $0.06 more than anticipated. Intel's third-quarter results included a tax benefit of $125 million related to a divestiture, and last year's fourth-quarter results included a tax benefit of approximately $75 million related to divestitures."

If you are going to contemplate extraordinary events, then you have to contemplate all extraordinary events.
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