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Technology Stocks : Intel Corporation (INTC)
INTC 36.06+4.5%1:32 PM EST

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To: exhon2004 who wrote (45354)1/14/1998 12:56:00 AM
From: Barry Grossman  Read Replies (1) of 186894
 
greg, Re: what do they do with all of that cash

And just remember they earned an extra $5 million/day in 1997 compared to 1996.

Nice, huh?

Aside from funding capital expenditures without debt, spending over $ 2 billion on R&D, and buying back a whole lot of shares, they still managed to earn a couple of hundred million or so on the interest on the remaining balance.

Such problems! And just think of all the cash they are going to receive when the many, many warrants get converted.

Barry
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