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Technology Stocks : Intel Corporation (INTC)
INTC 48.32-0.8%3:59 PM EST

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To: Mary Cluney who wrote (151368)12/6/2001 4:47:02 PM
From: Elmer  Read Replies (1) of 186894
 
I don't see that I have lost $100. I only see that I have made $100 less. And my pantry door has been fixed. What am I missing?

Good one Mary!

A question for you.

You have 100 beans you bought for $10 each. You grant an option to buy your 100 beans at $10 each, exercisable in one year but not before. Next year you buy 100 more beans at $20 each and grant options to buy those at $20 each exercisable in one year but not before. At the same time someone exercises the option you granted last year and buys 100 beans at $10 each. I say they bought the old beans and it is a push. Others seem to be claiming they bought the new beans and you just lost $10 each. What do you think?

EP
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