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Technology Stocks : Intel Corporation (INTC)
INTC 49.25+0.9%3:59 PM EST
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To: mauser96 who wrote (22872)5/26/1997 5:35:00 PM
From: Barry Grossman   of 186894
 
Lucious,

Investments are not deductable expenses, so it is NOT true that changing the amount of investments will change earings one iota - in the short term. Investments are what one does with after-tax earnings. In the long term, investments will return actual dollars, hopefully, which WILL show up on Intel's bottom line.

Intel does have a great deal of the aformentioned after-tax dollars to invest, however. Bodes well for the future, I'd say.

Barry
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