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Technology Stocks : Intel Corporation (INTC)
INTC 48.26-0.7%3:59 PM EST

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To: Mary Cluney who wrote (54585)4/27/1998 12:46:00 PM
From: dougjn   of 186894
 
Agree with you on Kurlack, what motivates him, etc.

Re: Intel vs. Chrysler. C sells largely on its dividend, and prospects for dividend growth. If Intc stopped growing, and continuted to pay near zippo dividend, it would in fact trade way down. The argument would be future growth, still. To the extent that the market really believed it was zero, but with a lock on its market, there would be a big clamoring for either dividends, or enough stock buy backs to grow earnings that way. Like IBM.

Doug
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