Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.53

-1.1%

Nov 14 9:30 AM EST

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To: Michael Bakunin who wrote (97296)	1/24/2000 3:18:00 AM
From: Amy J	Read Replies (1) of 186894

RE: "I'm still trying to find out where this transfer of money takes place. Intel buys back their shares on the open market at a discount by the use of puts, then grants those same shares to their employees at fair market value. Looks like a push to me. Other than the loss of use of those funds prior to actual exercise, where is the loss to Intel?" EP Michael, It appears Elmer makes a good point (please see above). Your reply [i.e. Buffett's "accounting treatment is outrageous"] doesn't address Elmer's point and I am interested to hear what your mathematical position is on this, with respect to his mathematical point? You have a strength in math, so I do not understand why you are not responding in a mathematical way. Regards, Amy J

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