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Technology Stocks : Intel Corporation (INTC)
INTC 34.72-2.3%Nov 17 3:59 PM EST

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To: TTOSBT who wrote (52499)4/9/1998 12:18:00 AM
From: Joe NYC  Read Replies (2) of 186894
 
tto...

The company has approved a huge buy back.

But Intel will give the stock to the employees. The net effect for you as a shareholder is that the real earnings are not $3.50 to $4.00 a share, but that amount minus the per share cost of stock buy-backs.

If Intel buys 100 million shares at current price, and spends $7 billion, in a year, it's as if Intel earned nothing.

DONT WAIT TO BUY IT. BUY IT NOW AND WAIT!

It's generally a good idea to ignore everything else in posts that say BUY! or SELL!

Joe
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