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

To: steve harris who wrote (153387)	12/31/2001 2:30:05 PM
From: GVTucker	Respond to of 186894

steve, RE: Aren't there some new rules which will effect how Intel keeps there books? The most significant new accounting rules affecting Intel are SFAS 141 and 142. These rules are directed at goodwill amortization. I am pretty sure that most everyone realizes that these rules don't affect Intel's actual business at all, they only change a non cash goodwill number and amortization. I guess if someone thought that goodwill amortization was a legitimate operating expense that had all of a sudden changed, they might think that Intel was all of a sudden making an extra $1.5 billion for fiscal 2002. I just think that the markets work a little bit better than that.