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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 259.15+1.1%Dec 22 3:59 PM EST
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To: BWAC who wrote (5047)1/19/2003 10:57:04 PM
From: Sarmad Y. Hermiz  Read Replies (1) of 25522
 
>> INTC is repurchasing and retiring the stock.

That's what I thought. Since it did not show up anywhere on the balance sheet.

At this rate (200 m shares / year) I think Intel will have approx 6 billion shares in 2006. And if we ever see that recovery, then I expect $2/year earnings. But till that day, we'll hunker down and tighten our belts. It's gonna be a lean seven weeks.
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