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Technology Stocks : Intel Corporation (INTC)
INTC 50.57+4.8%3:59 PM EST

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To: mz001 who wrote (3429)9/18/1996 6:42:00 PM
From: Paul Engel   of 186894
 
Mark - Re:" annual dividends"

No problemo!

Intel's current dividend is $0.05/share/quarter, which comes to "only" $164,000,000 per year. With current yearly profits in the $3.6 BILLION range, the dividend payments are generated during the first 2 1/2 weeks of January.

Besides - I would rather Intel build more FABS than provide the token dividend. The market share improvement (there's still another 10% they don't have!) would more than make up this loss in yet a higher valuation of their stock.

Thank you for your concern, however, for my dividends. It was quite thoughtful of you.

Paul
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