All Clowns Must Be Destroyed Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : All Clowns Must Be Destroyed

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Zach E. who wrote (40995)	6/20/2000 5:17:00 PM
From: John Graybill	of 42523

Intel announced Tuesday that it expects interest and other income for the second quarter to be approximately $2.3 billion, up from previous guidance of $725 million, primarily due to higher-than-expected realized gains on the sale of equity investments. That would be POS1 they're "realizing". Let's pretend they made it all by selling extra POS1 shares: $2.3B-0.725B = $1.575B in gains. Call it $75 a share ($150 pre-split) as their sale price, and $45 pre-split for their buy price (that's what I seem to remember), that's $105/share. That would be 15M pre-split shares of POS1 they sold. That would be a pretty big piece of the POS gone from INTC's cupboard. cbs.marketwatch.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next