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Technology Stocks : Intel Corporation (INTC)
INTC 40.51+0.4%3:59 PM EST
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To: hueyone who wrote (174865)6/14/2003 7:22:34 PM
From: Lizzie Tudor   of 186894
 
massive transfers of wealth from outside shareholders that are subsidizing operations.

As you know, I see statements like this as gross overstatements intended to (falsely imo) illustrate a case for options expensing.

But actually, there is a company that did indeed rely on the public markets for wealth transfer in order to continue operations. It was Commerce One. I never saw anything like it really, they would pay for ongoing operations by transfering a portion of their b2b exchange to the party that was indebted to the company, sort of a barter system. OBviously they are essentially gone now.
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