Khris, Re: "Re: Let's just say it shows me I was thinking closer to reality than you! What the -? How do you come up w/ that?"
Here is your statement about my buyback proposal just hours before Intel actually announced May 26 02:04:
"I may be over-simplifying your position here, but do you believe that it would be good for the co. to empty its wallet in the here in now, only to have its future partially mortgaged?"
Sounds to me like you were in disbelief that Intel would, should or could now use their cash (empty its wallet). Well the reality is 100 million share will cost? $7-8 Billion!
Here is another one of your statements just hours before:
"In last night's conference call, Microsoft announced that there will be no share buybacks in this next quarter. They also see a slow down in their revenue and earnings growth this year.
Let's see, they have $10 billion-plus cash on hand and no debt. They, too, must be a poorly run company. (Those greedy bastards!!)"
In this statement your reality suggest Intel will follow Microsoft.
And finally:
"Again, I guess I have a little more faith in a) future investments needs will require such a war chest to be in place, and b) mgmt. has evaluated use of its funds many times over. If they were to conclude another major buyback or a cash distribution would be in the best interest of the co. and its shareholders, they would be doing them now, right? Obviously, this is not currently the case."
Your reality was (just hours before the announcement) Intel will require a war chest of cash. And that obviously they have evaluated and concluded that a cash distribution or buyback was not in the best interest of the co and its shareholders.
Your reality - or lack thereof, was smeared all over this thread just hours before. As you now go forward in fantasy wondering about mine.
But I guess I deserve it trying to have a discussion of ideas about investing with someone who seemingly has other issues to resolve.
TTOSBT |
