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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Pancho Villa who wrote (5928)	4/2/1998 11:45:00 AM
From: Kip518	Read Replies (3) \| Respond to of 18691

Pancho & Joey, regarding INTC's share buy-back, there's another way to look at it. INTC's insiders are selling shares like mad. They want to get a high price. INTC also wants them to get a high price as this is part of the employment package necessary to keep top people. So, insiders sell shares & company buys them back. Insiders depress the market & the company props it back up. Around and around the circle goes while sucking other fools in. Paying dividends instead would screw that game. Kip