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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: Charles Tutt who wrote (49703)9/22/2000 12:36:36 PM
From: The Duke of URLĀ©  Respond to of 74651
 
I am amazed at the volume in INTC at what is essentially a constant price this morning.

It still continues, like a script. Truly interesting.

Large standing buy order at 48? From the company? from a couple of huge funds?

Edit: The Company. As of 7/1 Intc had 13B in cash equivalents. Plus 70% the current Q's ebida, 6B, plus 1B of sales from the Intel Fund equals 20 Billion.

200 Million shares at 48, 10 Billion. 3% reduction in the outstanding shares??