Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: TTOSBT who wrote (52505)	4/9/1998 12:48:00 AM
From: Joe NYC	Read Replies (1) \| Respond to of 186894

ttosbt, Then going forward is there not less shares outstanding which will effect future ESP? Initially yes. But Intel continuously rewards their employees with stock options (in addition to salary). When the options are exercised, the employees will get the stock, and the number of outstanding shares increases back to what it was. All of this is assuming that the buy-back is intended for stock options. It doesn't have to equal. Intel may buy more shares now than needed to cover stock options. In that case, the number of outstanding shares will be lower, and your Intel share will own more of the company. Or to put it another way, the same earnings will mean higher ESP. Joe