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Technology Stocks : Intel Corporation (INTC)
INTC 35.81+0.2%3:59 PM EST
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To: Gerald Walls who wrote (81317)5/21/1999 1:00:00 PM
From: Paul Engel  Read Replies (1) of 186894
 
Gerald - Re: "If you wanted to spin off these investments as an investment company then you'd have to change goals and it would no longer serve Intel."

What you say is essentially true.

On the flip side, the money that Intel invests is, in all candor, SHAREHOLDER MONEY.

My point is that Intel needs to address every possible way of INCREASING SHAREHOLDER VALUE.

Using that investment fund to directly benefit shareholders is a legitimate use of our money - but we are not realizing any immediate benefit from those investments.

Paul
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