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Technology Stocks : Intel Corporation (INTC)
INTC 36.20+0.1%Dec 26 9:30 AM EST
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To: BWAC who wrote (182881)12/12/2005 9:40:07 PM
From: Dan3  Read Replies (1) of 186894
 
Re: Why? Something wrong with the other $12 Billion of cash and short term investments they already have no use for and no reason not to return to shareholders?

Must be that most of that is about to be encumbered by the initial judgement in the AMD vs. Intel antitrust lawsuit and Intel needs liquid cash to keep its business running. My estimate has long been that the initial judgement would be against Intel for about $10 Billion and that would later be reduced to $3 Billion on appeal.

But they're going to need working cash between the initial judgement and the reduction on appeal.

And what if they don't get the reduction on appeal?
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