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To: Road Walker who wrote (104651)6/20/2000 6:29:00 PM
From: Paul Engel  Respond to of 186894
 
John - Re: "interest and other income for the second quarter to be approximately $2.3 billion, up from previous guidance of $725 million, primarily due to higher than expected realized gains on the sale of equity investments. "

Sale of Micron stock probably contributed to MOST of this $1.6 Billion windfall !!!

Not bad for a measly $500,000,000 investment.

Paul



To: Road Walker who wrote (104651)6/20/2000 7:02:00 PM
From: Joey Smith  Read Replies (1) | Respond to of 186894
 
John, $1.6B upward guidance...Intel must be cooking the books once again <g>. Wonder what spin the analysts put on this. I personally don't believe Intel's Capital fund is adequately reflected in the stock price, nor do I believe analysts know how to value it.

Joey


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