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


To: Ali Chen who wrote (178133)5/26/2004 1:31:10 PM
From: Elmer Phud  Respond to of 186894
 
Mr Chin -

This is nonsense. A fuzzy statistical forward-looking
estimate cannot be more accurate than on-going activity
of buying back shares at market value to give them away
to employees exercising their options.


Ali you are seriously confused (what else is new?). Those shares are not given away. They are sold at the fair market value at the time of the grant. In other words it's a push. They are sold at the price they were purchased at. A case could be made that the loss incurred at the time of the exercise is the average tbill rate that we in effect over the life of the grant because Intel could have held on to the cash instead of buying shares to back their options grants. But your obviously confused notion that the shares are simply given away is, much like you, hopelessly confused.