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Technology Stocks : Intel Corporation (INTC)
INTC 36.38-1.3%Dec 22 3:59 PM EST
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To: GVTucker who wrote (183226)1/20/2006 10:15:06 AM
From: Wyätt Gwyön  Read Replies (1) of 186894
 
GV, ignoring for the moment the specific case of Intel, which you have convincingly shown does not reprice options, i'm sure you recall there was a massive wave of option repricings during and after the tech bear of 2000-2002. i would think the incidence of repricing among tech cos would have been a lot higher than 5% during that period. if i'm not mistaken even bellwethers engaged in repricing. granted, most of these stocks had fallen at least 80%, and even large-caps like CSCO fell 90%, so the granted options were meaningless at their original strikes.
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