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

To: herb will who wrote (147660)	11/13/2001 9:07:16 AM
From: bacchus_ii	Read Replies (1) \| Respond to of 186894

herb will RE:"The debt was exchanged for stock. Your own stock interest got diluted, Dan. I am amazed you didn't know this." Yes but at a price much higher than current price, at $24.65 or $18.75, can't remember exactly.

To: herb will who wrote (147660)	11/13/2001 9:09:49 AM
From: Dan3	Read Replies (2) \| Respond to of 186894

Re: No not right. The Long Term Debt was converted to Equity and did not effect working capital Thanks for pointing that out, Herb. Most of the debt was extinguished by (effectively) selling new stock at about today's market price (which results in no dilution). About $50 million of it was simply paid off. So, I'd say you're right (and I was wrong!) if you claim they're down about $160 million for the 9 month period in which P4 and Itanium were launched, and there were worldwide recessions in PC and flash demand. Now, were you going to post a similar analysis for Intel, or should I?