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To: niceguy767 who wrote (83019)6/20/2002 12:07:28 AM
From: ptannerRead Replies (1) | Respond to of 275872
 
NG, re: Intel's "cosmetic accountants"

I think we just going to disagree on the accounting quality of Intel's financial statements.

-PT



To: niceguy767 who wrote (83019)6/20/2002 2:16:11 PM
From: DaveRespond to of 275872
 
a $5B in impairment of GW would be an "extraordinary" charge and one time charge. Therefore, by definition, are this type of charge would not be included in Intel's EPS numbers from continuing operations.

Now, if Intel wrote down their Venture Portfolio, on the other hand, I believe that that "writedown" should be included in Intel's continuing operations EPS especially since Intel argued so strenuously that Investment Income would be continuing.


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