Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 33.62

-4.2%

3:59 PM EST

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To: TTOSBT who wrote (51151)	3/25/1998 8:23:00 AM
From: Pullin-GS	Read Replies (1) of 186894

And didn't they just buy Chips & technology? And isn't that one of the reasons for 1qt shortfall (among others) charge from that acquisition. Which brings to mind. Why are they taking a charge then? INTC had to print that...no matter how it was paid for (which was cash BTW). They should be using some of the cash they're HOARDING instead of taking a CHARGE this quarter. It was a cash deal anyway. What did you expect? Intel to slide a big check under the table to the shareholders of Chips&tech without the SEC noticing? That's not a very good business practice.<VBG> ...and it sucks come IRS time when INTC gets no deductions for it.;-)

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