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

To: Joe NYC who wrote (60214)	7/14/1998 7:25:00 PM
From: Darren	Respond to of 186894

Anyway, the stock repurchases by hi-tech companies are designed to rip-off investors, not to enhance value. The repurchased shares are used for stock options exercised by employees and management. INTC stated that they purchased more shares than are necessary to supply options. This was looked at as a quiet negative, but no big deal. Again, loading bad news into 2Q.

To: Joe NYC who wrote (60214)	7/14/1998 7:27:00 PM
From: rhoffman	Respond to of 186894

Is this the bottom for Intc, will it trend up for the remaining Qtrs.

To: Joe NYC who wrote (60214)	7/14/1998 10:01:00 PM
From: Jay	Read Replies (1) \| Respond to of 186894

Jozef Re "Anyway, the stock repurchases by hi-tech companies are designed to rip-off investors, not to enhance value" With the stock performance over the last year, I must agree. The company has given out $1.5 billion in options - while the stock has languished/dropped - during the greatest bull market in history! I hate to say this, but maybe the word "integrity" is something we stockholders should be talking about. I believe the CEO of Netscape is taking $1 in salary and has voluntarily given up options on 300,000 shares. Is this too much to expect here?