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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?

To: Tecinvestor who wrote (24603)	10/27/1999 12:35:00 AM
From: Sonny McWilliams	Respond to of 27012

T. IBM. I am not so sure about this buying opp. when they are buying back so many shares in order to boost the net earnings per share. Where is the beef? Excuse me, I meant to say: Where are the real earnings? Before I can even begin to make sense out of that article, I will have to find out how many shares IBM had in 1995. If they bought back almost 3/4 of a billion shares and now have only 1.8 bill. left, they would have bought back around 1/3 of their outstanding shares. How many splits have there been since 1995? And how many shares have been used for other purposes? My calculation on that 1/3 buyback is probably way off. That article does not enlighten me very much. Any idea of what I am talking about here? gg. Sonny