Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.81

+0.2%

3:59 PM EST

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To: VICTORIA GATE, MD who wrote (56479)	5/31/1998 11:50:00 PM
From: TTOSBT	Read Replies (1) of 186894

Victoria, Re: >"If the price breaks down to the low 60s you can rest assured the company will continue to buy aggressively, at a discount of about $20/share."< I do not quiet understand. Wouldn't Intel have to wait until the shares are PUT to them by the option holders? I gather you are saying the $80 strikes will PUT their shares to Intel if/when the price breaks down to low 60s correct? TTOSBT

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