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.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Paul Engel who wrote (25648)	11/7/1997 6:19:00 PM
From: Petz	Read Replies (1) \| Respond to of 1588366

Paul, I have no problem with Atiq selling shares a month ago. Another post pointed out that you confused the "report date" with the "transaction date." Sales within the last week would really get my goat because this is when the mask change results were becoming available within AMD. Petz

To: Paul Engel who wrote (25648)	11/7/1997 6:29:00 PM
From: Petz	Read Replies (2) \| Respond to of 1588366

Paul, huge contingent liability on Intel's balance sheet and poor timing of share repurchases. I recently reviewed Intels 3Q report and found some interesting stuff: 1. In the third quarter Intel repurchased 2.5 million shares for $251,000,000. They are now worth $193,600,000, a loss of 57.4 million. By selling put warrants continuously over the past nine months, Intel has a contingent liability to purchase 6.5 million shares of stock at an average price of $90. Petz