Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 40.22

-0.8%

2:01 PM EST

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To: hueyone who wrote (173397)	3/9/2003 8:30:03 PM
From: tcmay	Read Replies (1) of 186894

"I thought that was all he was making too, but Yahoo has him listed at $356,000 now. Nonetheless, this is still pretty low compared to what the top brass at Intel and many other companies make. " These kinds of numbers are synthetic, P.R. stunt, numbers. Does it really mean anything when Steve Jobs is being paid $1 a year at Apple? Would Intel be a better company if Craig Barrett reduced his salary to a similar token level (but had options on 15 million shares)? It's like Gordon Moore. Nobody could doubt his dedication to Intel, based on his co-founding, based on his vision, and based on his 10% outright ownership of all of the shares. Clearly any salary he was given would be utterly lost in the noise. Ditto for Bill Gates, Larry Ellison, and a bunch of others. Calls to cut the salaries of Silicon Valley execs to levels barely above that of their employees three levels below them are just silly. --Tim May

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