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

To: kash johal who wrote (66434)10/13/1998 5:02:00 PM
From: Leroyt  Respond to of 186894
 
Buying back a company's own stock at the quantity that INTC does is ONLY good news in my book. It has basically NO EFFECT of share price but it CLEARLY demonstrates the company's confidence in their own future. It's a GREAT use of all that CASH!!

later, .....



To: kash johal who wrote (66434)10/13/1998 5:05:00 PM
From: John Chen  Respond to of 186894
 
Kash,re:"what ..to do". Say INTC is 'INTernet Corporation' and the
analysts will start upgrading and put on their recommended/preferred/
stock of the month list.



To: kash johal who wrote (66434)10/13/1998 10:16:00 PM
From: Moominoid  Read Replies (1) | Respond to of 186894
 
There's nothing negative I think about a stock buyback. It's just a more (US) tax effective method of paying dividends.

David


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