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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?


To: kash johal who wrote (1571)7/20/2000 12:40:04 PM
From: PetzRead Replies (1) | Respond to of 275872
 
Here's a shocker: Intel Capital's portfolio value dropped from 10.8 billion (Q1 report) to 7.5 billion. (Q2 report) The drop in "marketable securities was even larger. GO CHECK IT OUT YOURSELF! That means Intel's portfolio profits are GOING UP IN SMOKE. They "only" took 2.14 billion in gains, but their portfolio DROPPED in value by 3.3 billion!

At that rate the entire portfolio will be worthless in 29 weeks and 3 days from July 1. That date is January 23, 2001.

Petz