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To: niceguy767 who wrote (77321)4/16/2002 11:03:16 PM
From: Joe NYCRead Replies (1) | Respond to of 275872
 
ng,

The amortization of goodwill does get factored into EPS as a negative number. If INTC writes off goodwill, the GAAP earnings for the quarter / year will be horrible, but going forward, it will help EPS, since the negative component will be removed.

Joe



To: niceguy767 who wrote (77321)4/16/2002 11:06:46 PM
From: brushwudRead Replies (2) | Respond to of 275872
 
c'mon now...INTC's goodwill is $5 billion that now doesn't get factored into eps...That's close to $1 dollar eps...

OK, but that would only be for one year, not every year. If Intel hired a new CEO from outside, that person would probably write off most of that goodwill. But if Intel reported a $4 billion writeoff, everyone would look at it as just a one-time charge, an embarassment that was going away.