Intel Corp (INTC)

[Professor MD]

Dear Elmer.
There is no real difference between Wbmw and me as far as the value and interest of the Intel “brain trust”. (see my post 61702).
MEMBERS OF INTEL’S ”BRAIN TRUST” DO NOT BENEFIT FROM THE BUY BACK. THEY NEED AN INCREASE IN THE PRICE OF THE SHARES.
The buy back strategy was needed when dividend was tax fully and twice (the company and the recipient).
The lowering of the income tax on dividend to 15% made buy back of shares obsolete.
Wall Street shows renewed interest in dividend.