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


To: Robert O who wrote (145693)10/19/2001 1:19:23 PM
From: Ali Chen  Read Replies (2) | Respond to of 186894
 
"Ali, I doubt INTC actually uses purchased shares to exactly offset literal shares handed out to employees. In fact I am not sure... Go do some more legwork and post links to actual facts before spouting off. "

Oh, you are not sure? Why don't you go read Intel's
financial statements yourself, and use your brain to
make few conclusions about "increased shareholder
values"?

In the last 4 quarters:
- Shareholders' equity dropped by $1,8B;
- Total assets dropped by $4.8B (10% decline);
- Cash and short-term investments dropped by $4.3B,
or decline of 31% ;

Average common shares outstanding 3Q00 = 6,719M
Average common shares outstanding 3Q01 = 6,718M

"In any event, giving options at certain strike prices to motivate long-term results is not the same as handing out shares at today's prices or Intel's purchase prices."

What are you trying to say here? Intel has spent
$4 BILLION hard $$$ to buy those shares back during
the 1-year period. And the float is still the same,
6,720M shares.

"If that means putting some carrots out there for important employees to bust their ass to get personally rich so that my shares rise in value so be it."

Huh? "They" got personally rich last year selling their
options at $70, and now you are holding the bag at $25...
I do not see much of LOL here...

- Ali