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To: Joe NYC who wrote (77322)4/17/2002 7:42:04 AM
From: niceguy767Respond to of 275872
 
Jozef:

The "issue" is how much of INTC's $4.833 goodwill is impaired...That issue, as far as I can determine, has not been addressed explicitly in the q1/02 earnings...

INTC amortized about $425 million in goodwill in both q4/01 and q1/01 in arriving at eps in these periods but amortized "zero" goodwill in arriving at q1/02 eps...

A secondary issue is that if the impaired amount of goodwill had been written off quarterly over the past year, INTC probably would have been swimming in red ink...

When do you think you will see provision for goodwill impairment in INTC's statements???