Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 41.05

-3.7%

2:04 PM EST

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To: Jim McMannis who wrote (93652)	12/9/1999 1:39:00 PM
From: L. Adam Latham	of 186894

Jim: Re: Just to balance it out, isn't Intel making a fortune on VA Linux today? Up about 230! Yes, if I read the LNUX S-1 correctly, Intel owns about 3.5M shares at a price of around $0.50 per share. At the current LNUX price of $267, Intel has an unrealized gain of approximately $934,500,000, which is approaching 1/4 the market cap of AMD! Think about it, a one-day profit that is one-quarter the market cap of your closest competitor! Wow! That tracking stock idea sure is looking good, as the market is clearly not factoring in Intel's tremendous investment portfolio, IMO. Adam

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