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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Saturn V who wrote (96316)1/14/2000 4:18:00 PM
From: Ali Chen  Read Replies (3) | Respond to of 186894
 
Dear Saturn_V, <Buying a stock on the open market for past options is unthinkable,...>
I am exceedingly sorry that I mislead you by saying
"But these shares needs to be bought at current price".
This phrase has clearly confused you and caused
your outburst with "nullified" and "potential
liabilities" and other righteous but unrelated stuff.
Probably I should say "some other shares to compensate
the pool", if it makes it any clearer for you.

<The stock options do not work as you think. ...
The company never buys the stock on the market for
past options. It only buys for future options,
employee stock purchase plans, or to be used
for mergers.>
Thank you:-) However, there is one thing that
apparently has escaped your attention. The
thing is that MONEY DO NOT SMELL. Therefore,
from a balance sheet perspective, it does not
matter what-so-ever when and why those shares
were bought (tax rules aside). I am very sorry
that you can't see the forest behind your
trees.

For example, who cares of which year were
those 313,324 paper certificates that went into
Mr. Albert Yu hands:
biz.yahoo.com
He paid Intel the whopping $1.84 per share.
And immediately sold all of them for
$60- $70 each. As a compensation for his
valuable service.

Those $1.84 times XXX shares, I guess, were
accounted as Intel income. In today's books.
The buyback, for whatever purpose, also
happen this year. 4,600,000,000.00 dollars.
Out of Intel's pocket. Today.
Which part of this obvious construction
you do not understand?