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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: billmag who wrote (138420)6/29/2001 11:18:50 PM
From: puborectalis  Read Replies (1) | Respond to of 186894
 
Why does Intel own AMD stock?
Does Intel Corp. plan to buy its rival in the microprocessor business--Advanced Micro Devices Inc.? It's unlikely. But according to documents filed at the Securities and Exchange Commission (SEC), Intel surprisingly owns 80,858 shares of AMD's stock--for a total value of just over $2.3 million. Intel has a vast portfolio of stocks in its portfolio, but why the Santa Clara, Calif.-based chip giant continues to hold AMD remains unclear. --M.L.



To: billmag who wrote (138420)6/30/2001 1:32:26 AM
From: Dan3  Read Replies (1) | Respond to of 186894
 
Re: You are either the king of FUD or severely misinformed...

Oh for goodness sake, it was an outrageous one liner followed by a smiley face.

Written as a response to a similar, but opposite comment.

With more than a grain of truth to it, perhaps, but still (I thought) clearly intended as a humorous exaggeration.

Dan


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