Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 48.26

-0.7%

3:59 PM EST

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To: robert duke who wrote (35786)	10/15/1997 9:47:00 AM
From: nihil	of 186894

RE: stock buy back Robert, Intel as you speak is buying stock back. It had a recent put warrant liability of $582 million (9/27/97) and from last week's stock action I would guess a lot of those puts had strike 90. Last quarter it bought 2.5 million shares for $251 million -- close to $100/sh some of which may habe been pre-split. I guess Intel will put 2 million shares today, maybe more.

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