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

To: AK2004 who wrote (183225)	1/19/2006 5:27:40 PM
From: GVTucker	Read Replies (4) \| Respond to of 186894

AK2004, RE: among large and mid-size corps that ever had a significant decline in stock prices the repricing (direct or indirect) is a rule and not an exception. According to the most recent study I've seen on the subject, a paper in this past March's Investment Management and Financial Innovations, approximately 5% of the companies that issued options repriced them. Repricings are FAR more common among lower cap securities that aren't actively followed by analysts. Even for the specific instance of companies that went bankrupt in the study's data set, fewer than 1/3 of those companies repriced options, even though they sure as heck experienced a significant decline in stock price. And again, the repricings were more frequent among lower cap issues. Intel is a large cap, widely followed issue. Oh, and if you took a look at Intel's stock option plans, if you read Intel's most recent Equity Incentive Plan, you'll notice that they prohibit stock option repricing. In other words, what you say is completely baseless.