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Technology Stocks : Micron Only Forum
MU 343.51+10.0%3:59 PM EST

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To: Knighty Tin who wrote (39128)9/26/1998 4:27:00 PM
From: Fred Fahmy   of 53903
 
Michael,

<But INTC has been actively stupid for quite a few quarters, lately>

Care to site some specific examples of this "stupid" activity. BTW, during the last few quarters of stupid activity don't forget that Intel has recorded over $4,000,000,000 of profit.....not bad for a time that many talking heads are calling one of the worst downturns ever in the semi industry.

Re: Intel's cash position and your assertion that it is rapidly declining

Intel now has close to $8 billion in cash vs. about $2 billion a couple years ago.

P.S. Is there a single large cap tech company in the world that you a positive opinion of.

FF
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