Applied Materials No-Politics Thread (AMAT) Message Board

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Technology Stocks : Applied Materials No-Politics Thread (AMAT)

AMAT 260.22

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3:59 PM EST

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To: BWAC who wrote (5049)	1/19/2003 11:35:22 PM
From: Sarmad Y. Hermiz	Read Replies (1) of 25522

>> SE has declined a bit primarily because INTC spent more on stock repurchases/retirements this year than it made in earnings. I think you're referring to the point that Ork made: "their shareholders equity actually went down during the year." re >> retired approximately 1.5 billion shares at a cost of $26 billion We'll just have to accept the management's judgement that repurchase at 17/share is better than buying treasuries at 3%. By the way, are you now the proud owner of extra Intel shares from those 17.50 puts ?

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