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To: Saturn V who wrote (96164)	1/13/2000 8:49:00 PM
From: Richard Gibbons	Respond to of 186894

Aha! That makes sense. I didn't realize that depreciation of goodwill counted in operating costs. Thanks, Saturn!

To: Saturn V who wrote (96164)	1/13/2000 9:24:00 PM
From: Tim McCormick	Read Replies (2) \| Respond to of 186894

INTEL'S ACCOUNTING SUUUUUUUUUUCKS

To: Saturn V who wrote (96164)	1/13/2000 10:04:00 PM
From: Michael Collings	Read Replies (1) \| Respond to of 186894

Saturn: Yes the amortization is because the market value is higher than the book value. Of course that isn't always true.... way back when you used to see stocks trade around book, but that was a different era. However, when they take gains on their stock investments, that is just the reverse and should not go on "income from operations" either. It is a one time gain also. The true number for "income from operations" reported is much less than the 69 cents reported. That is a deception. And yet that is how it was reported. Basic share 63, diluted share 61 and operating 69.