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Technology Stocks : Intel Corporation (INTC)
INTC 36.66+1.3%3:59 PM EST
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To: Tushar Patel who wrote (138807)7/7/2001 8:22:15 PM
From: Dan3  Read Replies (2) of 186894
 
Re: Intel can easily suspend the stock buyback.

Ahhh, but it's not quite that simple. While they seem to have bought more shares than they sold, the difference is nowhere near $1 Billion - don't forget that the employee share are sold at a discount, while the purchases are made in the market. And they have to get those shares they sell to employees somewhere.... They can't just print more certificates and not worry about it. 

Proceeds from sales of shares through employee stock plans and other       287         331  
   Repurchase and retirement of common stock                               (1,001)     (1,000)
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