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

To: andreas_wonisch who wrote (155508)	1/15/2002 4:22:37 PM
From: puborectalis	Respond to of 186894

Intel Fourth-Quarter Net Income Falls; Sales Beat Targets By Cesca Antonelli Santa Clara, California, Jan. 15 (Bloomberg) -- Intel Corp. said fourth-quarter net income fell. The biggest chipmaker's sales beat forecasts as a surge of holiday buying lifted personal- computer demand. Net income was $504 million, or 7 cents a share, on sales of $6.98 billion, the Santa Clara, California-based chipmaker said in a news release distributed by Business Wire.

To: andreas_wonisch who wrote (155508)	1/15/2002 4:28:11 PM
From: wanna_bmw	Read Replies (1) \| Respond to of 186894

Andreas, [From Article] "We also rapidly ramped our industry-leading 0.13-micron process technology and began production on 300mm wafers." Intel has started 300mm wafer production? Excellent! wbmw

To: andreas_wonisch who wrote (155508)	1/15/2002 4:31:04 PM
From: wanna_bmw	Read Replies (1) \| Respond to of 186894

Andreas, [Also From Article]"As of the beginning of 2002, Intel is adopting FASB rules 141 and 142 concerning accounting for business combinations and goodwill. The company performed the initial test for impairment of goodwill at the time of adoption and determined that there was no impairment. The effect of the goodwill non-amortization provisions of FAS 141 and 142 is expected to result in a substantial reduction in the difference between the company's earnings excluding acquisition-related costs and the company's earnings on a GAAP basis. Intel expects to continue to report earnings excluding acquisition-related costs for a period of time to provide a consistent basis for financial comparisons." This seems to have a lot of relevance in terms of many heated discussions on this forum about the use of Pro-Forma earnings reporting. Do you have any comments? wbmw