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

To: Steve Porter who wrote (60091)7/14/1998 4:28:00 PM
From: Lev Belov  Read Replies (5) | Respond to of 186894
 
Has anyone noticed that they've repurchased $1.7bln worth of stock in the quarter? This compares with ~$8 bln over the last 5 or 6 years... Looks to me like the company thinks the stock is undervalued.

Also, the revenue came in above the expectations.

I need to go back and finish reading the press-release...

- Lev



To: Steve Porter who wrote (60091)7/14/1998 4:30:00 PM
From: Jimmy Dell  Read Replies (1) | Respond to of 186894
 
The significant thing most are looking for is the forward looking statements and those appear fairly positive. Those and what's said in the CC will be the more determinative things for tomorrow. Instinet price now means nothing. I'm not in INTC but am rooting for it!


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