To: TechnoWiz who wrote (17692 ) 2/20/1998 2:57:00 PM From: Ann Janssen Read Replies (1) | Respond to of 27012
Tech, I'm fine thanks for asking. Im sorry I must have missed your post on feb 4, Im sure I would have commented on it, or maybe I've just lost my mine. I guess I've been watching 'at the auction' to much <gg> That's what the market is all about isn't' it though?? Bid and ask prices, seller, buyer, and what the value of the company/stock is perceived to be. I didn't take the time to figure out exactly what book value of Intel's stock is but I'm sure its much less that 90 a share. As I understand book value to be stockholders equity divided by # of outstanding shares. Stockholders equity being net assets minus total liabilities. Ok there are other things that go into all these figures but don't want to bore everyone with putting a balance sheet here. Just go to Intel's home page and everything is there. Obviously since the stock is selling for more than book value, we (stockholders) feel that management has created a company worth substantially more than the assets we have entrusted to them (our money). Interesting theories about Intel being sold, to say the least. If Intel were to be purchased that sure is heck of a lot of cash. I came up at least 76 billion just for stock plus lots more. If I am reading the financial statements correct and outstanding shares is 827 million. Yes Tony, I got strait A's in accounting, but it's been a few years ago. <gg> That's not including all the goodwill that would be added. I'm not even going to try to use the calculus formula to come up with the exact figures for goodwill, we pay accountants for that. <gg> I know I'm probably way off though and didn't feel like blowing the dust off my advanced accounting books. Anything is possible but would the stockholders approve???? I don't know if CA buyout is such a good thing at least for the clients of both companies. What I mean is that when you have a consulting firm in bed with a software company isn't the consultant more likely to recommend a solution that involves the solutions from the sister division. I.E. IBM. May or may not be the BEST solution for the company seeking advice. Time will tell but I think it's highly unlikely that Intel will be sold. JMHO of course. I also have to wonder what would happen to Intel if a company like IBM would purchase/merge with them. Would the Government allow this to happen?? and like with CA and CSC would this be a service or disservice to the whole computer industry?? I agree with all 3 of your points were Intel is concerned. I'm glad someone finally put some mud (or Pie) on the so called analysts faces. With the upgrades, that is. Of course there is always information not everyone is privy to, that's just business. If you've been trading like a demon, I'm sure you've been making money hand over fist. When will we see you on the top 10 richest list??? <GG> :-) Good luck with all your investments!!!! Take Care Ann P.S. See I am a great BSer aren't I. <gg>