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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 233.54-1.8%Nov 7 3:59 PM EST
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To: Joe NYC who wrote (25402)1/17/2001 11:10:10 PM
From: Dan3Read Replies (1) of 275872
 
Re: $4 billion went to share buyback ..... I hope that the Intel employees who received these shares sold them right away

And under an honest accounting system, that wasn't trying to hide employee costs as stock options, those would have been staffing costs.

So Intel made about $1 Billion over the last 9 months, and if not for one time capital gains, might not have broken even.

Dan
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