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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?


To: brushwud who wrote (21239)11/30/2000 9:39:10 PM
From: ScumbriaRead Replies (2) | Respond to of 275872
 
Brush,

I predict that any further decline in AMD stock price will be limited to less than $16 below the current price.

Scumbria



To: brushwud who wrote (21239)11/30/2000 9:47:39 PM
From: jeff_boyd___Read Replies (1) | Respond to of 275872
 
Brushwud, I don't want to argue about it, but you got several things wrong.

Intel has done purchase transactions otherwise they wouldn't have goodwill on their balance sheet (unless the acquired company had goodwill).

§197 of the IRC deals with amortization of goodwill. Goodwill is a deductible item in asset acquisitions, but not stock.

Regards,

Jeff



To: brushwud who wrote (21239)12/1/2000 3:24:17 PM
From: GoutamRead Replies (3) | Respond to of 275872
 
brushwud,

re: <Goodwill is a valid cost of business and is tax-deductible, but must be amortized and written off over many years. Under some circumstances, and according to tax rules I don't understand, some portion of goodwill may be construed as in-process R & D and expensed immediately, kind of like accelerated depreciation. >

Thanks for your input. In 1999, Intel definitely did not deduct goodwill for tax purposes based on the info provided in their 1999 - 10K form. I guess I'll have to wait till 2000 -10K to find out if they started taking tax-deduction for goodwill(amortized) costs this year.

goutama