Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.89

-0.7%

10:06 AM EST

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To: Elmer Phud who wrote (178308)	6/23/2004 2:42:58 AM
From: Ali Chen	Read Replies (1) of 186894

"When Intel buys back a share for $28 they are gaining $28 in value" No, they don't. You keep repeating this nonsense for so long that you become completely confused. The accounting line in question states: "Repurchase and retirement of common stock". Which part of "retirement" you don't understand? "that means the share price went up and the shareholders made a ton of money too?" Quite a retarded argument. No shareholders made any money unless they sell. Vast majority don't. But whoever sold commons, they certainly did made some money. Incidentally, I don't recall recently of any Intel officer who exercised their "hard earned" options and kept them for future enrichment - they sold every single exercised option. And you bought those shares and effectively paid their bonuses. Got the idea? - Ali

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