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

To: Jim McMannis who wrote (65065)	9/18/1998 11:21:00 AM
From: GVTucker	Read Replies (2) \| Respond to of 186894

Jim, RE:<<How much would a share of Intel be worth today if you got it for say $1 in 1974 and got all those nice splits? Perhaps this will help John understand why you don't need to hedge?>> What does Intel's performance over the last 18 years have to do with its performance over the coming years?

To: Jim McMannis who wrote (65065)	9/18/1998 12:46:00 PM
From: Paul Engel	Read Replies (1) \| Respond to of 186894

McMannis - Re: " How much would a share of Intel be worth today if you got it for say $1 in 1974 and got all those nice splits? " Intel's stock did not sell for $1 in 1974. In fact, it started out at around $78 in mid January and fell to about $15.50 in December of 1974 - this was a severe recession year, brought on by the Arab Oil Embargo, and political turmoil with Watergate and the resignation of Nixon. The cost of a share of Intel purchased in 1974 can easily be calculated as the splits were recently posted - and are available on Intel's Web Site. But the answer will be - Less than a Buck ! Paul