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

To: rkral who wrote (178329)	6/16/2004 7:35:07 PM
From: Elmer Phud	Read Replies (1) \| Respond to of 186894

Ron - Employees and companies are bartering employee services for lottery tickets on part ownership of a company other stockholders already own. Those lottery tickets have a finite non-zero chance of being drawn. Non-employees must use after-tax dollars to buy equivalent lottery tickets. Hardly. At the time of grant the options have a price that is equal to the price the other shareholders must pay for their shares. The option holder would have to, in effect, use after tax dollars to purchase those shares, just like the non employee. He just gets the "option" of doing it at a later date, or not at all. This is not a good comparison.