To: d[-_-]b who wrote (36139 ) 8/17/1998 10:07:00 AM From: Ali Chen Read Replies (1) | Respond to of 1570693
Eric, <here's what the cost basis for those insider sales of Intel stock are:...> You apparently did not get the idea. The basis of cost does not matter for current balance and cash flow. I am sorry to school you on basics how to balance your checkbook. In simplified terms, when you sold something on your garage sale, your checkbook could care less what was the cost "basis" of these goods. You just can feel better or worse depending of what was the cost of that junk long before. Similarly, when you buy back your stock and give it back to employees as options, you buy it AT CURRENT MARKET PRICES and drain YOUR CURRENT CASH. And your active employees are getting happy NOW with the stimulus for their service that is not accounted in the official cost of labor compensation. But it is still a form of labor compensation, and it is effective NOW. Without this, as you correctly noted, <it's just hard to find people> if you (at Intel) are using this deceptive (for stockholders) form of labor compensation. <... shouldn't we establish your age. In the eight years I lived in South Korea and visited several Asian countries age was the first thing established so both parties knew how to address each other.> Hey, although there are many participants from around the world, the SI home is still America! Not the South Korea. As you might be aware, in America all the ranks and "addressings" are highly simplified, "democratized". Therefore I will not require you to stand still while typing responses to me, and call me "professor" or whatever. Simply call me "Ali". And my age must be clearly derivable from my messages. <So if you really are of Chinese/Asian descent why would you consider the question "illegal" as stated in your profile?> You are apparently not yet familiar with the American notion of "age discrimination". Your time may come, and soon.