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Technology Stocks : Intel Corporation (INTC)
INTC 36.47+0.7%11:16 AM EST

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To: Tony Viola who wrote (156636)1/24/2002 1:12:08 AM
From: Joe NYC  Read Replies (4) of 186894
 
Tony,

Strong companies spend from cash or stock. Weak companies, like AMD and MOT, borrow.

This will be a very distressing news to many investors especially those of IBM (with $17 billion - yes that's b) and GE (with $81 billion) of LT debt. These companies are so weak that by now, I am sure they are penny stocks.

BTW, INTC happens to have more LT debt ($972 million) than AMD ($672 million).

Joe
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