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: Elmer who wrote (104681)	6/21/2000 8:12:00 PM
From: Dan3	Respond to of 186894

Re: They were already paid for. Look at Intel's cash position: Let's see what that position is at the end of this quarter. It should be $11.2 Billion plus about $1.5 Billion earnings (after paying for the rambus recalls) plus $2.3 Billion from investments (since unrealized gains weren't counted as cash) = an even $15 Billion. Unless they weren't already paid for. Remember me writing last summer that it would become important to keep a careful eye on how the unrealized gains were used? I think that the time for that has come. By the way, it is great that Intel has those resources and one of the reasons why the multiple is as high as it is. We just shouldn't fail to note when the company is forced to start using up its reserves. Just like it was even more important to notice when AMD was almost out of resources a year ago. Regards, Dan