Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.53

-1.1%

Nov 14 3:59 PM EST

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To: Michael Bakunin who wrote (97296)	1/24/2000 9:09:00 AM
From: Elmer	Read Replies (1) of 186894

Re: "See my reply to PB, #reply-12655833. In Buffet's letter last year, he makes the following intuitive argument:... etc etc" No need for me to keep re-reading Buffett's statements when you avoided my question. Here it is again in condensed form: Intel buys X shares at Y - put premium. Intel grants employees options to buy X shares for Y dollars. Where is the loss to Intel except for loss of use of the capitol between share purchase and option exercise? EP

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