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

To: Windsock who wrote (171051)	9/13/2002 3:14:02 PM
From: Ali Chen	Respond to of 186894

"EFFECTIVELY, the Intel purchase of shares is a non-taxable capital payment to investors" So, in addition of Intel stock buyback as being a fraud to investors (due to inflation of earnings and hiding labor compensation expenses), it is a tax evasion scheme. Thanks for pointing this out, Windsock. Very smart of you. - Ali

To: Windsock who wrote (171051)	9/13/2002 9:58:16 PM
From: brushwud	Respond to of 186894

What stupidity. EFFECTIVELY, the Intel purchase of shares is a non-taxable capital payment to investors. What color is the sky in your tax jurisdiction? Intel share repos are potentially, or partially, taxable payments to ex-investors. They were non-taxable non-payments to current investors.

To: Windsock who wrote (171051)	9/18/2002 2:39:03 AM
From: Jacques Newey	Respond to of 186894

Windsock, Re:"What stupidity" How's this for stupid behaviour... "Sometimes, too, companies say they are repurchasing shares to offset the shares issued when stock options granted at much lower prices are exercised. This "buy high, sell low" strategy is one many unfortunate investors have employed -- but never intentionally! Managements, however, seem to follow this perverse activity very cheerfully." Warren E. Buffett 1999 Berkshire Hathaway Annual Letter (Buffett - just another yapping little dog)