Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

Does INTC correct their numbers post facto? When I go to Yahoo Financials to the balance sheet I find the last quarter receivable in excess of $4 B but in the current report for the same first Q 2003 it is only some $2.9 B, there is also a difference of $100 MM between the Yahoo financials cash flow statement on depreciation for the same quarter...strange. Of course, if INTC had to amortize the $4 B in goodwill (instead of the "voluntary" $84 MM in amortization), the picture is not as rosy. No note anywhere in the financial press that this quarter was not as good as the last one in net revenues despite (about $20 MM short of last Q) despite the fact that the top line was about $65 MM higher.... Well, not a bad report after all.