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fastpathguru

11/22/05 7:55 AM

#66249 RE: wbmw #66245

but then how in the world would Intel be able to get away with a $25B grant for further purchases, and rather than being punished by the experts on Wall Street, they actually send out a press release and get rewarded for it. So obviously, there is some real benefit to it that's far from the claims of it being a $2B money hole for profits every quarter (and as I've shown, there is a real reduction in share volume being accomplished by the buyback).

I've already told you, Intel signalling that they'll spend as much as it takes to prop up the stock price isn't exactly going to scare away investors.

Also, you have to think of who you are defending; Is it the shareholders or the company? They won't necessarily react the same way to the buybacks.

fpg