SI
SI
discoversearch

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)
INTC 41.41+2.2%Dec 5 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jim McMannis who wrote (173400)3/10/2003 4:13:54 AM
From: tcmay   of 186894
 
"Otellini making a ton more than Buffett. What's wrong with this picture?"

Yeah, and those guys like Larry Ellison who only take a dollar in salary some years.

"Janitors at Oracle making more than Ellison. What's wrong with this picture?"

It's hardly surprising that someone who owns 10% of Intel, as Gordon Moore does (approximately, modulo sales over the years), or who owns $34 billion worth of Berkshire Hathaway, as Buffett does, don't really care what salary or piddling stock options (!) they get in a year.

And they sure do understand that if they are to hire the best managers and scientists and accountants on the open market that they have to pay competitive salaries and offer stock options. Even if those options are nominally more than they themselves are granted.

Figure it out.

--Tim May
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext