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Technology Stocks : Intel Corporation (INTC)
INTC 40.25-0.2%2:00 PM EST

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To: Tim McCormick who wrote (102670)4/19/2000 5:37:00 PM
From: Joe NYC   of 186894
 
Tim,

BTW, why did Intel buy back 1B in stock and shares out increased?

There is a leak in the financial statements. The companies (Intel in not alone) award stock options to employees in lieu of salary. This money is not captured on the income statement.

Joe
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