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Technology Stocks : Intel Corporation (INTC)
INTC 36.20+0.1%Dec 26 9:30 AM EST

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To: Elmer Phud who wrote (178392)6/24/2004 2:51:21 PM
From: rkral  Read Replies (1) of 186894
 
OT ... elmerp, re "Nice job of cutting off my sentence to suit your needs. The rest of the sentence reads ..."

The rest of the sentence was irrelevant to my question ... "Can you cite the 10-K, the prospectus, or the proxy, to show how many "accumulated shares" Intel had to cover those calls?"

Indeed, the first part of the sentence was too. I was merely illustrating the lack of support for your theory .. and your lack of effort to even try to support the theory.

re "Your opinion is that LIFO is the only way to judge impact on shareholders but that doesn't have to be so."

Au contrair! I could buy the LIFO method in a heartbeat .. if there was some evidence to support it. But when, over a period of 8 years, options outstanding increases 174M (= 850M - 676M) and common stock outstanding decreases only 81M (= 6568M - 6487M), there just *is no evidence* to support your theory.

But talking to you is futile. So I'm going to talk to the flowers and vegetables in my garden for a while. At least they will get some benefit from the carbon dioxide. :^)

Ron
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