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.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Scumbria who wrote (123625)	9/8/2000 7:14:28 PM
From: Windsock	Respond to of 1571175

Scumbria - Re:"Doesn't Intel own a lot of AMD stock?" The Intel 401k plan, like many companies, has an investment option for an S&P 500 index fund. Intel implements the fund itself by buying a unit of the S&P 500, instead of using Vanguard or someone as a fund manager. This is practical because of the large amount of contributions to the fund. Thus, Intel owns as a 401k trustee a good bit of AMD and every other company in the S&P 500.