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To: Tim McCormick who wrote (102670)4/19/2000 1:32:00 PM
From: deibutfeif  Read Replies (1) | Respond to of 186894
 
Tim McC, re: why did Intel buy back 1B in stock and shares out increased?

Uhh, ever heard of stock purchase plans and stock options?

~dbf

EDIT: after checking your profile, I see that was a dumb question.



To: Tim McCormick who wrote (102670)4/19/2000 5:37:00 PM
From: Joe NYC  Respond to of 186894
 
Tim,

BTW, why did Intel buy back 1B in stock and shares out increased?

There is a leak in the financial statements. The companies (Intel in not alone) award stock options to employees in lieu of salary. This money is not captured on the income statement.

Joe


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