Wave Systems Corp. (fka WAVXQ)

[dude_danny]

O.T.Intel's CFO tells analyst he's upbeat on business
Thu Aug 11, 2005 02:07 PM ET
http://go.reuters.com/newsArticle.jhtml?type=technologyNews&storyID=9350417&src=rss/technolo...


SAN FRANCISCO (Reuters) - Intel Corp. (INTC.O: Quote, Profile, Research) Chief Financial Officer Andy Bryant is "upbeat" on the technology market and believes the company's cash holdings are "a little high," according to an interview with Citigroup published on Thursday.
"We have a board meeting coming up," Bryant said, according to the research note, adding that "cash is a little high ... we'd like to see some continued growth in dividends using buybacks as a balancer."

Bryant also said that he believes the technology market is "still strong" and that "I don't see signs of weakness. I don't see a trouble spot."

In a note to clients, analyst Glen Yeung said the comments were made during an interview with Citigroup Investment Research on Aug. 9. An audio recording of the interview was made available online, but accessible only to Citigroup clients.

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