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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 240.58-2.5%Nov 17 3:59 PM EST

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To: whortso who wrote (66348)12/27/2001 5:40:48 AM
From: Joe NYCRead Replies (1) of 275872
 
whortso,

Ali, I think your claim is nonsense. Elmer has made a valid point.

I thought you were gathering information on how Intel repurchased all the shares that were granted and exercised so far and options granted in prior years eligible to be exercised.

Whichever you look at the timing of purchases / sales, the profit Intel made is some 100 million, the cost of repurchases is around 1 billion, which makes it next to impossible to come up with a scenario of how Intel has not lost money, using this particular yardstick.

Not that it is a disaster to at or slightly below breakeven during a major downturn of technology related purchases, economic slowdown and a war. But I understand it takes a bit out of the Teletubie pride.

Joe
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