JC888
08-12 15:24
Replying to @HaydenBruce:Hi, thanks for reading my post and sharing your views.  

$20 billion is a lot of money but compared to GOOG ($195 - $205 billion), META ($130 - $145 billion), it pales by comparison.

I think there is costs involved in the shares sale, doing it in smaller tranches will incur more costs.

Despite worries on dilution, INTC rose on Tue and is poised to rise further for Wed.  Did we worry too much ?//@HaydenBruce:20B raise is hefty. Dilution hits now, and foundry only matters if utilization and FCF show up fast. I’m bearish short term — why not smaller tranches first?
@JC888：Is it INTC time again ?
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Comments

  • BirdieO
    08-12 17:23
    BirdieO
    I added on Tuesday too. People keep obsessing over dilution and ignore how capital heavy IDM 2.0 is — did the market overreact here?
    • JC888: 
      Hi, thanks for reading my post and sharing your views.  I supposed the people who are obsessed with dilution concerns will be those heavy weight investors where a -4.2% water down will be 'drastic'.  Not small fry like me... hee hee
  • CyrilDavy
    08-12 17:23
    CyrilDavy
    Compared with GOOG and META, 20B really that huge? Dilution under 5% sounds manageable to me, utilization is the real test
    • JC888: 
      Hi, tks for reading my post and sharing your views. Totally agree with what was mentioned.
      Think market agrees too, INTC rose by +3.32% on Wednesday.
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