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Technology Stocks : Intel Corporation (INTC)
INTC 36.82+1.5%Dec 19 9:30 AM EST

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To: L. Adam Latham who wrote (169412)8/14/2002 6:07:45 PM
From: Amy J  Read Replies (4) of 186894
 
Hi Adam, RE: "Unless she's a computer nut, buying your girlfriend a laptop computer is kind of like buying your wife a vacuum cleaner for her birthday."

No way... it's an excellent gift... the former is fun, the later is work.

Even artists find computers fun today.

RE: Not expensing options

Glad they realized expensing options isn't the way to go. It wouldn't have addressed the core issue they were trying to address and it would have hurt innovation and impacted the employees rather than addressing Enron-kind-of-officers.

It wouldn't have prevented Enron-style misbehavior by officers, and in fact, it would have made it so the top officers get the stock rather than employees. While that may not be an issue for other industries, it would have been a huge issue for the high-tech industry by negatively impacting innovation without addressing the real issue.

Bryant did a great job articulating this in SJMN article the other week.

The formula is: expensing options hurts innovation, thus high-tech.

Regards,
Amy J
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