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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Tushar Patel who wrote (140310)	7/27/2001 9:50:12 PM
From: Paul Engel	Read Replies (2) \| Respond to of 186894

Tushar - Re: "JDS said it was writing down $38.7 billion in goodwill, effectively admitting it paid too much for companies acquired during the technology boom of recent years." True, JDS is admitting that - but the fact is, JDS used HYPERINFLATED AND OVERVALUED JDS STOCK as the currency for these transactions. In the end, I don't see this as real money that was lost - except for the investors who held the stock of JDS and the acquired companies.

To: Tushar Patel who wrote (140310)	7/28/2001 7:05:58 AM
From: Road Walker	Respond to of 186894

Tushar, re: Maybe the 6B goodwill Intel has is not so bad? JDSU's chart is a good argument that the bogus goodwill stuff doesn't get lost on the investment community: siliconinvestor.com What a chart, huh? A fortune could have been made from a $1000, buying, and then shorting, at the right times. In retrospect it seems so obvious. These days, I think, you need to show the investment community real dollar profits from sales of real products. "Pro forma" earnings are still the headline, but even retail investors seem to be starting to look behind the headlines. This last report would probably have been a good time for Intel to write off a lot of that "Goodwill". Close the companies that didn't stick to the wall. Move on in a more responsible manner. John