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

To: Jim McMannis who wrote (139426)	7/17/2001 3:50:28 PM
From: t2	Respond to of 186894

Intel had bought 29million shares last quarter. They seem to be getting closer to the end of their authorized buyback plan..might be over in a quarter or two. That means, we could see increases to the buyback numbers...especially if they feel confident about their earnings for the near future and the analysts remain skeptical. I recall that they had increased the buyback a couple of years ago ahead of some good earnings numbers....not sure of this though. Good Luck all longs; might actually buy a few puts before the close as a hedge...just in case!