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

To: Robert O who wrote (177777)	5/5/2004 3:34:48 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 186894

the big difference is that stock options are not free and clear assets, they are contingent on the work of the recipient, and as such they really aren't worth the same as other options. Stock options are worthless at grant, with zero investment put forth by the grantee. But those in favor of calling stock options an expense in the same category as pay needed to come up with some way of placing a value on these things at grant and so they try to pitch these as the same as equity options which you can buy on the open market.