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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: ptanner who wrote (82953)	6/19/2002 5:50:33 PM
From: niceguy767	Read Replies (1) \| Respond to of 275872

ptanner: "IIRC the new accounting guidelines do not require any specific time period for depreciating goodwill. It must be periodically reviewed for impairment." How much of the $5 billion is impaired? "However, given Intel's past rate of goodwill depreciation (less than 3 year term) there may not be much need for short-term depreciation even with the severe impairment of the initial investment in many comm/network sector companies." Surely they need to write off a significant portion of the $5 billion in FY02?