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Technology Stocks : Intel Corporation (INTC)
INTC 41.41+2.2%Dec 5 9:30 AM EST

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To: Raymond Thomas who started this subject3/30/2003 10:05:57 AM
From: hueyone   of 186894
 
online.wsj.com

"OFF WITH THE BLINDERS"

Tech investors may start paying attention once big stock-option expenses are counted

Snip: Davis attacks the common argument among tech executives that the very health of the industry depends on generous employee options. "Hewlett-Packard wasn't built on stock options and neither was IBM or Texas Instruments," he says. The big annual option grants of 3% or more of company stock are a late 1990s phenomenon. When Intel was a true growth company in the mid-to-late 1990s, its annual option grants equaled a moderate 1% to 1.5% of its shares outstanding.
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