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Technology Stocks : Intel Corporation (INTC)
INTC 36.38-1.3%3:59 PM EST
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To: AK2004 who wrote (172707)1/30/2003 12:03:45 PM
From: GVTucker  Read Replies (3) of 186894
 
albert, RE: My understanding was that the strikes are very opten adjusten downwords through one method or another when the market price goes down, I assume that you also imply that that is not Intel's practice either, can you confirm?

If a company reprices options, that would necessitate a charge to earnings. Intel has never taken such a charge.

There is a "back door" way to reprice options without such a charge, but canceling the options, then waiting 30 days and issuing new ones. I have not seen Intel do this, either.
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