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To: Road Walker who wrote (126252)1/30/2001 11:47:08 AM
From: Elmer  Respond to of 186894
 
Re: "Other businesses already account for over 21% of Intel revenues. Are you talking about each business, independently? And is that an Intel rule or an accounting regulation?"

I believe it pertains to an individual business group. I was told that by someone in one of Intel's "other" business groups and he said they were approaching 10% where they would be required to declare their P/L as well as their revenue. Required by whom, I don't know.

I'm not claiming this is true because I'm no expert. I'm just hoping someone can clear this up.

EP



To: Road Walker who wrote (126252)1/30/2001 12:03:22 PM
From: GVTucker  Read Replies (2) | Respond to of 186894
 
John, RE: Significance and 10%

The 10% rule relates to 'significance' and is part of GAAP. If a segment comprises more than 10% of revenues, it would be considered 'significant' and should be disclosed.

As John H. stated, given that 'Other' isn't a single category but rather a catch-all, I doubt that anything in that category comes close to 5% of revenues, much less 10%.

One other thing to consider is that revenue classification is so easy to adjust that if a company does not want to disclose a portion of revenues as it gets closer to 10%, a lot of times things in the category just get reclassified. It is rather easy to do.