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.

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

To: Fred Fahmy who wrote (51264)	3/25/1998 11:06:00 PM
From: TTOSBT	Read Replies (1) \| Respond to of 186894

Fred, Re: "TTOSBT original post asked why doesn't INTC announce a buyback program. He said nothing about reducing float. At any rate, my response was that they already have one." Here is my initial post on the subject: "To: TTOSBT (51130 ) From: TTOSBT Tuesday, Mar 24 1998 10:30PM EST Reply # of 51279 WHY DOESN'T INTEL ANNOUNCE A BUY BACK! Just two billion dollar buy back would bring the PE where it should be. It seems to me if Intel had a little more faith in their own future then big money will follow. But instead they keep worrying about little crumb snatching competition. This paranoid caution from the top has ran it's course. Intel better wake up and start making some real meaningful changes. Policy changes! Instead of running the same old, I'm faster then everyone else race. Come on Intel participate! TTOSBT " Now I should think if I'm am advocating stock ENHANCEMENT throught PE parity with a buy back, that would reduce the float which would increase both the EPS and stock price. Anyevent I did mean to advocate taking existing share off the market back into the company's hands. TTOSBT