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To: Dan3 who wrote (77308)4/16/2002 9:42:34 PM
From: niceguy767Respond to of 275872
 
Dan3:

"Intel's attitude is that until they sell those Enron shares (or whatever equivalent they have had to list on their books as "good will") they haven't spent a dime....

The fact that the money is gone, doesn't seem to bother them."

Somebody's got to ask what comprises that $4.388 billion in goodwill if not Enron shares...Haven't heard one analyst address the fact that $440 million amortization has disappeared in arriving at this quarter's earnings announcement of $0.14...(And $440 is light, as I suspect INTC's goodwill 0f $4.388 billion is impaired by an amount far greater than $440 million...)