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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (4633)12/27/2002 9:25:19 AM
From: Jeffrey D  Read Replies (1) | Respond to of 25522
 
Cash is king. Five tech companies are sitting on a total of $87B in cash and liquid assets. The author of the story below fails to indicate how much cash DELL and ORCL have available. So much for professional reporting. It would appear, however, that after adding up the total of the other companies mentioned, these two have a combined total of $15B.
Jeff
<<

LONDON, Dec 27, 2002 (AFX-Europe via COMTEX) -- Five technology companies --
Microsoft Corp, Cisco Systems Inc, Intel Corp, Dell Computer Corp and Oracle
Corp -- hold a total of 87 bln usd in cash and liquid investments, the Wall
Street Journal reported, citing company figures.

That is up from 77 bln usd a year ago, though these companies' revenue declined
as much as 35 pct, the report said.

The Journal said investors question how Microsoft could ever use its 40 bln usd,
or Cisco its 21 bln.

Neither company has given much of an answer so far, other than to accelerate
repurchasing of its own stock, while some Microsoft and Cisco shareholders are
clamoring for dividends, the report said.

Intel has 11 bln usd in cash and liquid investments, it added.



To: Proud_Infidel who wrote (4633)12/27/2002 9:26:56 AM
From: Jeffrey D  Respond to of 25522
 
Another AMAT insider sells some shares.
Jeff
<<
ISSUER: APPLIED MATERIALS INC
SYMBOL: AMAT

FILER: SOMEKH SASSON
TITLE: Vice President
TRANSACTION: Sale (Option Related) 50,000 12/23/02 $13.90
OWNERSHIP: 2,536,833

The Form 4 is filed with the Securities and Exchange Commission by any
insider buying or selling their company's shares. This form must be
filed within two business days of the transaction.

Insider data source: Washington Service (info@washserv.com or 202-778-1384)

(END) Dow Jones Newswires
12-27-02 0021ET