Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 231.94

+0.1%

Jan 20 3:59 PM EST

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To: pgerassi who wrote (66398)	12/27/2001 6:28:50 PM
From: ptanner	Read Replies (1) of 275872

Pete, re: "Take the cost of the shares needed to keep fully diluted shares under the cap decided by the shareholders (its a number of shares limit). " I doubt Intel's outstanding shares (fully diluted) are anywhere near the number of shares authorized. The buybacks this year have been at an almost constant dollar amount ($1B) so seem more cash flow related than to maintain a specific number outstanding. The small changes are simply the result of the small net volume of options exercise and repurchases relative to the total available. I am sure Elmer or another more familiar with Intel can locate or provide the current shares authorized number. -PT

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