Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 41.41

+2.2%

Dec 5 9:30 AM EST

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To: wanna_bmw who wrote (144211)	9/28/2001 6:17:42 PM
From: brushwud	Read Replies (1) of 186894

Maybe you should check out John's member profile. John Hull was kind enough to point me to a spreadsheet showing Intel's investment gains for the past 2.5 years. The gross profits of such were over $4B during those years. I applied a 30% tax rate to the figure and it was still over $3B net. That's almost enough to have funded their entire share repo program for Y2K at an average price of $54. Their gross profit from investment gains in Y2K was over $3B, including over $2B in 2Q2000 alone. Their gross profit from investment gains in 2001 has totalled $3M so far, a 99.8% decrease YoY. I still wonder about the magnitude of their unrealized investment losses in this market environment.

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