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


To: Proud_Infidel who wrote (182880)12/12/2005 6:36:43 PM
From: BWAC  Read Replies (4) | Respond to of 186894
 
<Intel to Offer $1.4 Billion Junior Subordinated Convertible Debentures......intends to use the proceeds of the offering for general corporate purposes. The company may use a portion of the proceeds to purchase shares of its common stock concurrently with pricing of the debentures.>

Why? Something wrong with the other $12 Billion of cash and short term investments they already have no use for and no reason not to return to shareholders?