SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC)
INTC 37.83-4.2%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: greenspirit who wrote (53857)4/18/1998 9:43:00 AM
From: Francis Chow  Read Replies (2) of 186894
 
Isn't it a bad sign when we start valuing a company
on the basis of its investment in the stock of other
companies? Sure capital should not sit idle while it
can earn a return, but surely this should be a sideline
to the main business of a going concern.

Furthermore, I think this applies equally to a company
"investing" in its own stock - ie. the buyback program.
Sure it might be good in the short term for shareholders
(a group including highly placed company insiders), but
in the long term isn't this just throwing away capital
that may be badly need in the near future - say Slot 1
is a flop, Intel will need all the cash it can get its
hands on to cut its losses and fastrack a new processor
direction - this isn't farfetched; there are many people
who believe Intel has managed to miss an 'inflection point.'
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News