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Technology Stocks : Intel Corporation (INTC)
INTC 45.51+10.7%Jan 9 9:30 AM EST
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To: Jim McMannis who wrote (139426)7/17/2001 3:50:28 PM
From: t2   of 186894
 
Intel had bought 29million shares last quarter. They seem to be getting closer to the end of their authorized buyback plan..might be over in a quarter or two.

That means, we could see increases to the buyback numbers...especially if they feel confident about their earnings for the near future and the analysts remain skeptical.

I recall that they had increased the buyback a couple of years ago ahead of some good earnings numbers....not sure of this though.

Good Luck all longs; might actually buy a few puts before the close as a hedge...just in case!
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