Alice, Re: "feel necessary to sling some mud
every time?"
No, that's what I'm accusing you of doing. The "Jerk" is someone who constantly feels like they have to rub it in someone's face every chance they get. That just about fits you like a glove.
Re: "http://www.siliconinvestor.com/readmsg.aspx?msgid=17396419"
One of the more civil conversations with you in recent memory, so I thank you of that. In regards to your last response, I decided that your point of view was perfectly viable, but I simply did not agree. Since I didn't think you would be willing to yield at all on the issue, I let it drop. You may be on to something regarding the issuing of stock options as a corporate benefit, but I don't see how you can apply it to Intel, without also applying it to the rest of the industry. I see stock options as a necessary form of employee compensation, and stock buy back allows the grant of options to continue year after year. If Intel has the cash to buy back the stock, then it's preferable that they do, and that's that. Whether you consider them making money or not after the purchase of the stock all depends on how you add up the bottom line. In your case, I won't argue, but I will say that I agree that Intel's bottom line is truthful, legal, and factually resembling actual yearly earnings. If the SEC decides to change accounting rules later on, and count stock buy backs as yearly charges, then maybe we can revisit this, since I'm sure it will make a difference to calculated EPS.
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