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Technology Stocks : Intel Corporation (INTC)
INTC 40.51+0.4%3:59 PM EST

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To: kash johal who wrote (66517)10/13/1998 10:40:00 PM
From: Mo Chips  Read Replies (1) of 186894
 
<<Intel is propping it's stock with a $1.7Bn buyback.>>

This is a completely unfounded and baseless statement. There is no way that $1.7 billion would support the market cap of a $140B company. If wall street didn't like intel, the price would fall.

Mo
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