Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 37.28

-0.6%

Dec 16 3:59 PM EST

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To: Amy J who wrote (165481)	5/29/2002 2:49:15 PM
From: Mary Cluney	Read Replies (1) of 186894

Amy,<<<Options are truly for innovative companies that take risk, and for investors who are interested in growth stocks.>>> You write with a lot of authority and sound like a sincere true believer. Reading your thoughts on this matter is almost like reading a "New Yorker Magazine article" - "Reporting from the Front Lines and in the Trenches with Amy J". I really enjoy your exchanges with GVTucker. You really hold nothing back and you make a terrific effort in trying to explain your position. GVTucker, on the other hand, doesn't really make the effort to fully explain his position to dolts like me, but you can tell he has a lot of experience and knows quite a bit about the subject. I am somewhere in between where You and GVTucker stand. I haven't had the same expereinces the two of you had, but I have seen a lot more just from a longevity point of view. I think a lot has to do with the entire culture of the company. The best example of highly motivated employees whose incentives are based in mostly cash are the new hires in the top law firms in the country. These twenty five year olds start out with salaries of up to $140k a year and annual bonuses between $20 and $40K. These kids work their butts off just as they do in the highly charged and highly successful tech companies that rely heavily on stock options. In either case, I don't think money is the primary motivating force. However, without the money, the charged atmosphere would not exist either. I think both models work. But I agree with you, tech companies (using options)are more likely to create the highly charged atmosphere that leads to exponential growth and success. Regards, Mary

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