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


To: Sarmad Y. Hermiz who wrote (5043)1/19/2003 10:27:42 PM
From: BWAC  Read Replies (1) | Respond to of 25522
 
<So that's an average of $3B/yr in a period that includes good years and bad. They also repurchased approx 500m shares. At current prices that's worth another $8B or $9B.>

FYI. That would show up as Treasury Stock, not additional equity that was 'not' on the balance sheet. Put another way there is not "other" outlying 8 or 9 Billion. Its included already.



To: Sarmad Y. Hermiz who wrote (5043)1/19/2003 10:46:19 PM
From: BWAC  Read Replies (1) | Respond to of 25522
 
By the way, while on the subject of INTC.

"During the first nine months of 2002, the company repurchased 124.7 million shares of common stock under the company's authorized repurchase program at a cost of $3.0 billion."

What a poorly run and functioning business?