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Technology Stocks : Intel Corporation (INTC)
INTC 36.71+2.5%10:57 AM EST

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To: Steve Porter who wrote (60091)7/14/1998 4:28:00 PM
From: Lev Belov  Read Replies (5) of 186894
 
Has anyone noticed that they've repurchased $1.7bln worth of stock in the quarter? This compares with ~$8 bln over the last 5 or 6 years... Looks to me like the company thinks the stock is undervalued.

Also, the revenue came in above the expectations.

I need to go back and finish reading the press-release...

- Lev
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