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.

Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: Zach E. who wrote (40995)	6/20/2000 4:53:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 42523

yep...it's part of the monetization of shareholders ignorance process. basically what management does is running up debt to buy back stock and help mask the dilution due to its ESOP. of course that means that there IS a cost to stock options after all...it's borne by the existing bag-ho...err, shareholders.

To: Zach E. who wrote (40995)	6/20/2000 4:56:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 42523

ORCL insiders remain the most avid sellers of this undervalued gem of a stock: biz.yahoo.com well, what do they know...just ask BGR....

To: Zach E. who wrote (40995)	6/20/2000 5:17:00 PM
From: John Graybill	Respond to of 42523

Intel announced Tuesday that it expects 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. That would be POS1 they're "realizing". Let's pretend they made it all by selling extra POS1 shares: $2.3B-0.725B = $1.575B in gains. Call it $75 a share ($150 pre-split) as their sale price, and $45 pre-split for their buy price (that's what I seem to remember), that's $105/share. That would be 15M pre-split shares of POS1 they sold. That would be a pretty big piece of the POS gone from INTC's cupboard. cbs.marketwatch.com