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


To: TTOSBT who wrote (51238)3/25/1998 2:38:00 PM
From: TTOSBT  Read Replies (1) | Respond to of 186894
 
Further "as mgmt. is investing these funds in the highest yield, quality short-term instruments."

DOES ANYONE KNOW HOW MUCH INTEL'S TAX ON THEIR SHORT-TERM INTEREST IS?
OR THE TAX ON THEIR ENTIRE $10BILL HOLDINGS GENERATE?

Thanks,

TTOSBT



To: TTOSBT who wrote (51238)3/25/1998 2:58:00 PM
From: Khris Vogel  Read Replies (1) | Respond to of 186894
 
I may be over-simplifying your position here, but do you believe that it would be good for the co. to empty its wallet in the here in now, only to have its future partially mortgaged?

Is your philosophy not all that different than encouraging somebody to max out their home equity and take advances against all their credit cards to take advantage of this low-interest, bull market?

Again, I guess I have a little more faith in a) future investments needs will require such a war chest to be in place, and b) mgmt. has evaluated use of its funds many times over. If they were to conclude another major buyback or a cash distribution would be in the best interest of the co. and its shareholders, they would be doing them now, right? Obviously, this is not currently the case.

It seems to me that you think you are Kirk Kervorian (sp?) and Intel is Chrysler.

Would all this complaining be going on if INTC was at 90 or 100? I didn't think so.