Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 213.43

+6.2%

Dec 19 9:30 AM EST

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To: Goutam who wrote (17960)	11/6/2000 9:26:35 PM
From: tejek	Read Replies (1) of 275872

Very true. It was mostly due to the sale of Micron shares. They did time the sale of Micron shares pretty well. I think selling Micron shares was more to do with getting back at the company, rather than the market timing. Nonetheless, they did very well that quarter. I don't think they have that many high quality (high volume, easy to liquidate, high gain, no restrictions) securities left this time. Goutama, I don't understand why you think the benefits from this division will end soon. I haven't look at it as closely as you have but when I did look, a good portion of the stock they held was thru participation deals with new startups like ANCR. As I understand it, it works much like with employment options....they get the stocks at a low price and then sell the shares fairly high. As long as there are startups, I have got to believe this will be a lucrative business for Intel. ted

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