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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 (5045)	1/19/2003 10:51:38 PM
From: BWAC	Read Replies (1) \| Respond to of 25522

You know what. I'm wrong too. INTC is repurchasing and retiring the stock. Key word retiring it. Cancelling it. No longer exists. Not Treasury Stock. Although in some form it may be given back as options. Yes cash would be much greater. And the $8 or 9 Billion might be a good estimate for the SE. "As of December 29, 2001, the company had repurchased and retired approximately 1.5 billion shares at a cost of $26 billion since the program began in 1990. " SE has declined a bit primarily because INTC spent more on stock repurchases/retirements this year than it made in earnings.