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Intel Corporation Message Board

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  • lucy_nuff lucy_nuff Aug 10, 2003 5:36 PM Flag

    Intel may owe over $600 million in

    Who cares???

    Intel is sitting on $14 billion in cash and the penalty will have absoultely no bearing on future earnings potential.

    The $600 million would be taken as a one-time charge and would be viewed that way by wall street.

    This company has a virtual franchise on the future of technology in the world and will be the first to benefit from a a recovery and renewed IT spending.

    Furthermore, the $600 million may never be paid out.

    Use your head for something more than a hatrack, moron.

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