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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 206.05-7.8%Nov 20 3:59 PM EST

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To: pgerassi who wrote (66299)12/26/2001 9:29:52 PM
From: whortsoRead Replies (2) of 275872
 
Re: "Check the Intel financials again and you would see that the end cost is in the $1+ billion range, cost minus employee purchase price plus administrative costs. That is still $0.15 a quarter in cost not in the supposed GAAP profit in any quarter. Thus last quarter, Intel lost $0.13 per share at least. Going by the net worth losses, they lost over $0.12 a share IIRC and you would subtract the $0.02 dividend and you get a loss of $0.10 a share which is a far drag from a reported GAAP profit of $0.02 a share."

Pete, you're still looking at this wrong. What was the cost of the shares exercised this year and how would you know? You will have to go back at least 5 years, maybe more, and find the cost Intel paid at that time. The shares exercised this years are not the shares purchased this year. They are the shares bought 5 years ago. The shares purchased this year will be the ones exercised 5 years in the future.

The Whort
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