Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 40.78

+0.7%

3:59 PM EST

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To: Saturn V who wrote (96157)	1/13/2000 11:11:00 PM
From: Elmer	of 186894

Re: "Clearly ascribing the describing the cost of stock buyback as Employee Compensation ( as advocated by THE ALI CHEN SCHOOL OF ACCOUNTING) is absurd." It certainly is absurd. Intel is continuously writing puts on their own stock. They are buying their own stock at discount prices while at the same time granting options to their employees at fair market value. Those employees have to purchase those same shares at close to the same price Intel paid to buy them back. It's a push. EP

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