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To: Dan3 who wrote (78744)4/29/2002 1:39:22 PM
From: PetzRespond to of 275872
 
re:<Enron... Intel next?> This is not a fair comparison. Enron had hidden liabilities, Intel does not. There is nothing that could happen to one of Intel's acquisitions that could suddenly require a cash payment.

The only risk of holding a large amount of goodwill, is that some time in the future, most likely not until a semi revovery is well underway, Intel may have to take some writeoffs which will reduce their reported earnings. But it will not affect their cash flow in the least.

Petz


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