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Technology Stocks : Intel Corporation (INTC)
INTC 37.81-4.3%Dec 12 9:30 AM EST

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To: greenspirit who wrote (131730)4/5/2001 9:13:09 PM
From: L. Adam Latham  Read Replies (3) of 186894
 
Michael:

Re: Speaking of rewards..Article..New stock options for Intel workers..

As an Intel employee, I was happy to finally see this happen (we were told a month or so ago that the Board of Directors was working on this). But I was hoping to see something more similar to Microsoft's action last year, where the grants were doubled. The Intel formula is a little complex, but it doesn't even approach a doubling of the existing worthless options (in my case, I'll receive about 17% additional options under the plan).

Adam
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