Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 43.48

+8.6%

Dec 2 3:59 PM EST

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To: John F. Dowd who wrote (167294)	7/2/2002 10:20:00 AM
From: GVTucker	Read Replies (2) of 186894

Nope, it evaporates. Imagine that one person had all of Intel two years ago. She was worth $500 billion. Another person acquired that person's Intel stake for $500 billion in cash. Total net worth at the time--$1 trillion. ($500 billion cash and $500 billion of Intel) The $500 billion in proceeds was indeed invested elsewhere. But the Intel stock? Now it's worth $100 billion. Total net worth now--$100 billion in Intel plus $500 billion plus whatever profits were generated from that $500 billion in cash. Guaranteed that those profits are probably zero, if not less. Total net worth--$600 billion. What happened to the other $400 billion? It disappeared.

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