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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?


To: pgerassi who wrote (66398)12/27/2001 6:28:50 PM
From: ptannerRead Replies (1) | Respond to of 275872
 
Pete, re: "Take the cost of the shares needed to keep fully diluted shares under the cap decided by the shareholders (its a number of shares limit). "

I doubt Intel's outstanding shares (fully diluted) are anywhere near the number of shares authorized. The buybacks this year have been at an almost constant dollar amount ($1B) so seem more cash flow related than to maintain a specific number outstanding. The small changes are simply the result of the small net volume of options exercise and repurchases relative to the total available.

I am sure Elmer or another more familiar with Intel can locate or provide the current shares authorized number.

-PT



To: pgerassi who wrote (66398)12/27/2001 8:56:09 PM
From: whortsoRead Replies (1) | Respond to of 275872
 
Do you not know how the cost of options are calculated for the stock buybacks?

Hun? Intel does not buyback options. They buyback shares. Intel grants options and the price is determined by the fair market value on the date of the grant.

I think you are relying on pure obfuscation. It is your standard mode of operation but really, your above statement is nonsensical and almost an oxymoron.

The Whort