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To: Monica Detwiler who wrote (78728)4/29/2002 12:37:01 AM
From: Ali ChenRead Replies (1) | Respond to of 275872
 
Monica, "Intel can spend it $946,000,000 profits."

You missed it, they already have spent it, for stock
buy-backs, all $1,004,000,000, if I remember the number
correctly, even need to borrow some change...

;-)

- Ali



To: Monica Detwiler who wrote (78728)4/29/2002 8:18:09 AM
From: niceguy767Respond to of 275872
 
Monica:

"Goodwill is just a paper adjustment of prior transactions - no cash involved. Didn't you know that?"

I know, I know...goodwill never happened...$5 billion useless dollars that never need be accounted for...that never comes out of eps calculations...love that accounting...



To: Monica Detwiler who wrote (78728)4/29/2002 8:24:13 AM
From: Dan3Read Replies (1) | Respond to of 275872
 
Re: Goodwill is just a paper adjustment of prior transactions - no cash involved.

Adding goodwill to your balance sheet lets you overpay for an acquisition, but not take a loss for that cost on your financial statements - even though the money is gone, gone, gone.

Accounting for goodwill, basically, is when you finally own up to bad investment mistakes you made earlier - you know, like Enron and NT did.

Intel next?


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