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


To: brushwud who wrote (144136)9/26/2001 12:47:03 AM
From: wanna_bmw  Read Replies (1) | Respond to of 186894
 
Brushwud, Re: "It doesn't add to shareholder value to take $20 cash which could earn $.60/year and convert it into INTC shares that won't earn that much this year or next. It actually dilutes EPS."

So you don't think that INTC has 3% growth potential over the next two years? Frankly, I don't think the majority of the investment world would agree with you.

wanna_bmw



To: brushwud who wrote (144136)9/26/2001 1:10:59 AM
From: Tushar Patel  Read Replies (1) | Respond to of 186894
 
This share buyback is kinda interesting. Intel has been spending a lot of money buying back shares but the total number of shares outstanding has actually been slightly increasing lately.

1991 6525
1992 6697
1993 6688
1994 6608
1995 6568
1996 6568
1997 6512
1998 6630
1999 6668
2000 6712

Is all this money (~4B/year) being spent to repurchase shares that get sold to employees at a discount (and does this include options that get exercised or just shares purchased through employee stock purchase plan)? Or is there something else going on?