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Technology Stocks : Intel Corporation (INTC)
INTC 36.36+0.8%10:55 AM EST

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To: The Duke of URL© who wrote (171002)9/12/2002 12:32:50 PM
From: Jacques Newey  Read Replies (1) of 186894
 
Duke, re: "why does it have over 14 Billion in cash...???"

Yahoo says only $10 Billion in cash. Don't have the latest financials and no longer own the stock. Some clues to you question below perhaps.

"It's even worse, according to Gallagher, if you look at hard at cash flow and kick out the stuff that doesn't come from normal operations (things like selling a fabrication plant). Do that and, by his reckoning, it looks like Intel's operating cash flow since the beginning of 1998 was $21.2 billion. Take away the money spent on buybacks and you get a negative $1.2 billion. Suddenly the chipmaking king doesn't seem so profitable."

How much cash did Intel have in 1998?
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