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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (11737)9/21/2003 9:08:12 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 95718
 
>> Are you being serious? If so, what exactly are you referring to? And no vague rhetoric please.....be specific.

Brian, it is easy to figure that out.

OK. Here's the calculation. In 1998 there were 1.5 Billion split adjusted shares. Now there are 1.7 billion. So the company issued and sold 200 million shares in 5 years. Assuming an average price of $20/share. That's $4 billion. That's what he means.

I excluded the shares AMAT sold for a penny each to their new CEO. If you include those, add another few $ thousands to the $4 billion.

Sarmad