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


To: Mary Cluney who wrote (51326)3/26/1998 10:18:00 AM
From: Derrick Burry  Read Replies (1) | Respond to of 186894
 
Mary:

They are authorized, so they can buy back those stocks if they want to, but they don't have to.

Derrick



To: Mary Cluney who wrote (51326)3/26/1998 10:27:00 AM
From: Jim McMannis  Read Replies (3) | Respond to of 186894
 
Mary,
the big difference is that they don't HAVE TO buy the shares. They just can if they want to.
Funny how this annoucement was at the same time as Andy Grove stpping down. Intel is famous for timing announcements.
Jim