SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC)
INTC 46.96-2.8%Jan 16 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Process Boy who wrote (97498)1/25/2000 11:51:00 AM
From: Thomas M.  Read Replies (4) of 186894
 
O.K., I'll spell this out.

The dilution was minimal, so let's call it zero. Intel spent roughly $3.5 billion on stock repurchases. Since the float stayed roughly the same, all this money was spent to fund employee stock options. Thus, Intel is hiding a substantial portion of its payroll expenses from the income statement. This roughly doubles Intel's earnings.

Tom
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext