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Technology Stocks : Intel Corporation (INTC)
INTC 35.81+0.2%Nov 25 3:59 PM EST

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To: Gersh Avery who wrote (56520)6/1/1998 3:07:00 PM
From: Mo Chips  Read Replies (1) of 186894
 
<<As I understand it gains/losses around options are considered non events as far as EPS goes.>>

Since when? The balance sheet and the p/l are completely tied together. Anything, thats ANYTHING, the company does that results in disposition of assets, whether it is inventory or options, results in an impact to the p/l. You are wrong.

By the way, Intel's balance sheet for the last quarter showed $16.2 Billion in current asset, which is where most securities are categorized. Not only are you wrong about the flow of the transaction, but you are wrong about your facts.

Jeeze, go back to delivering pizza...

Mo
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