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

To: Petz who wrote (25652)11/8/1997 12:55:00 AM
From: Paul Engel  Read Replies (1) | Respond to of 1579857
 
Petz - Re: " 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.?"

That's nice.

Guess what Intel bought their shares for 3 years ago?

That's right, about $16.

That makes them a bunch of financial geniuses - RIGHT?

When is the last time AMD bought back any of their stock?

Ever wonder why?

Because they know its a bad long term investment!

Paul



To: Petz who wrote (25652)11/8/1997 2:40:00 AM
From: Kashish King  Respond to of 1579857
 
If the $90 figure is true then perhaps we should all be loading up on Intel based on the bullish outlook of insiders. Intel will have to slide well below $50 to match AMD's royal tanking. Let me rephrase that in deference to this thread: the consolidation at lower levels.


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