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Technology Stocks : Intel Corporation (INTC)
INTC 40.56+10.2%Nov 28 9:30 AM EST
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To: John F. Dowd who wrote (103236)5/10/2000 1:38:00 PM
From: The Duke of URL©  Read Replies (2) of 186894
 
John:

Uh, When I said, "the other day" I meant maybe a year and a half ago. Is this what you meant, when you said my timing was off? Too much literary license?

But as far as cash flow, (and I really don't know) 1MM motherboards at $100 a pop is roughly $100MM. At the present rate of income generation, intc NETS about $28MM a day, seven days a week.

My only point was that the sale of the MU stock may only reflect that there is no longer a strategic reason to hold it.

What do you think?

Duke
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