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Technology Stocks : Intel Corporation (INTC)
INTC 36.34-0.1%3:59 PM EST

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To: Elmer Phud who wrote (178131)5/26/2004 11:36:46 AM
From: rkral  Read Replies (1) of 186894
 
OT .. elmerp, re "The shares purchased are to back the options granted at that time, not the shares exercised. The shares exercised were backed by ones repurchased years prior at much lower prices."

IOW, you think Intel is acting like a covered-call writer .. instead of a naked-call writer.

I'd like to think that were true. How would you go about proving it?

Ron
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