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To: Jim McMannis who wrote (51329)3/26/1998 10:33:00 AM
From: ratan lal  Respond to of 186894
 
Jim

the big difference is that they don't HAVE TO buy the shares.

This is always true. They dont (and should'nt) buy shares if the shares are overvalued. The presumption is that since they announced a buyback, the shares presently are undervalued.

ratan



To: Jim McMannis who wrote (51329)3/26/1998 10:34:00 AM
From: Mary Cluney  Read Replies (1) | Respond to of 186894
 
Jim,>>>Mary,the big difference is that they don't HAVE TO buy the shares.<<<

Have I been giving you mixed signals? When or where have I stated or even implied that they HAVE TO buy back the shares?

Was it my body language?

Mary



To: Jim McMannis who wrote (51329)3/26/1998 2:01:00 PM
From: Paul Engel  Read Replies (3) | Respond to of 186894
 
Jim - Re: "Funny how this annoucement was at the same time as Andy Grove stpping down. Intel is famous for timing announcements."

If you thought about it - instead of jumping to a bogus conclusion - you'd realize Intel had recently held a board of directors meeting and these announcements are the results of that board meeting.

Check your charts and I'm sure they will tell you that a board of directors meeting had been held recently.

Paul


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