Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: The Duke of URL© who wrote (178887)	7/26/2004 12:50:52 PM
From: GVTucker	Read Replies (2) \| Respond to of 186894

Duke, RE: I did not know that. I have never seen anything where Intel flat out denied the possibility of a cash distribution without the promise of giving the matter consideration. This would indicate a possible violation of current tax law. In the past, when asked about maintaining high cash balances, Intel has consistently stated that they believed that the high capital expenditure needs and the cyclicality of their business necessitated keeping a lot of cash. In other words, "No". And the tax law that you're referring to is so far beyond Intel right now that it wouldn't be a consideration at all.