Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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) -- Ignore unavailable to you. Want to Upgrade?

To: Ali Chen who wrote (96144)	1/13/2000 7:54:00 PM
From: Road Walker	Read Replies (1) \| Respond to of 186894

Ali, Those shares are purchased to compensate great employees. The employees who generate great profits. They are a less expensive currancy then salary, as they increase over time. This would not have worked for AMD until recently, the employee's compensation would have gone down. I don't know that the folks that work at AMD would accept stock options as a major part of their compensation. John

To: Ali Chen who wrote (96144)	1/13/2000 8:01:00 PM
From: Barry A. Watzman	Respond to of 186894

Re: "The company has repurchased 659.9 million shares at a total cost of $18.2 billion. $4.6B out of pocket. Your pocket." Well, since the stock is near an all-time high (I think), it must follow that all of those shares were purchased WELL below the current price of the stock. Which means that they were a bargain. Further, If they hadn't been repurchased, the number os shares outstanding would be higher by 659 million, and the EPS, AND SHARE PRICE, would be correspondingly lower. Relax, they know what they are doing. Possibly better than the management of any other company on this planet (just like AMD mgt. knows what they are doing better than the management of any other company on their planet).