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Technology Stocks : Intel Corporation (INTC)
INTC 36.38-1.3%Dec 22 3:59 PM EST

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To: Proud_Infidel who wrote (172614)1/27/2003 6:31:47 PM
From: Tenchusatsu  Read Replies (1) of 186894
 
Brian, <Why should Barrett be able to profit enormously when he has not truly created wealth for INTC shareholders?>

I see what you are saying regarding stock options, but I question why Barrett is to blame for "not creating wealth for INTC shareholders." Isn't that like blaming the meteorologist for the rain?

Yes, I know Barrett does more than predict the weather. But what else can he do to "create wealth for shareholders" besides focus on business, revenue, and profits (current and future)?

Once again, I'm not saying anything about stock options, i.e. the vehicle that allows both good and bad CEOs profit. Yes, it's a myth that stock options reward good performance, but neither should it be a sin to cash out unless you've done something really wrong (and by then, the punishment should be much more than just taking away those options).

Tenchusatsu
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