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Politics : Formerly About Advanced Micro Devices
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To: Burt Masnick who wrote (72839)9/23/1999 3:11:00 PM
From: kash johal  Read Replies (1) of 1571688
 
Burt,

Re: "options and stock buybacks"

I am a great believer in options.

Most public companies hedge the options they give out by

purchasing calls on their common stock. And this is a very prudent thing for a company to do.

The use of stock buybacks is a different issue however.

Intel buys back almost as much stock/qtr as its quarterly profits.

This is an artifial boost to the stock IMHO.

At some point if the stock dumps big time it'll be doubly painfull.

regards,

Kash
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