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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TGPTNDR who wrote (47594)1/27/1999 9:57:00 PM
From: Paul Engel  Respond to of 1571963
 
PWETENDER - Re: " Could be - I just looked at the item Long-term Investments for 3 Months ended 12/26/98 vs 12/27/97 5.3B vs 1.7B "

If anything, you have CONFIRMED what I said.

$5.3 Billion is in INVESTMENTS - which means IT IS STILL INVESTED !

If Intel had exercised and sold its Micron shares, the money would be in a CASH account and Intel would have had to file a PUBLIC SEC NOTICE that it was divesting its MICRON shares.

Thanks for the re-confirmation of my analysis of your ERROR.

Paul