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Technology Stocks : AMD:News, Press Releases and Information Only!
AMD 203.76-1.1%Nov 21 9:30 AM EST
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To: James Yu who wrote (2208)11/16/1997 5:37:00 PM
From: Ali Chen  Read Replies (1) of 6843
 
James, I just had much simple question:
According to WSRN QuickSource Reports, just from SI Intel profile,
in 2Q97 they had 1642M outstanding shares, and in 3Q97 this number become 1797M. Therefore, in my ignorant understanding, Intel printed out 155,000,000 sheets of paper and sold this "hope for fast enrichment" to investors for $12 billion. My question is what all these money are for. To buy back their own stock during upcoming deeps and piss off these stupid investors who paid $12B, or for something else? Intel experts, where you are?

Regards,

Ali
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