Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.78

+2.7%

Nov 26 3:59 PM EST

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To: Amy J who wrote (173535)	3/13/2003 7:56:59 PM
From: tcmay	Read Replies (1) of 186894

"PS Stock options were around in Intel's early days (there was an old post on this.) " Depends on how early you mean. INTC first traded in 1972. There were options prior to public trading, of course. When I joined in 1974 every professional employee, or at least every degreed engineer and probably every nondegreed engineer, received a stock option. This was written about at the time in places like "Business Week" as being very unusual (I remember, because I went to our campus library and researched what had been written about Intel, a relatively unknown company, before I even visited the company for my main interviews). Friends of mine who joined in 1972 also had stock options, so pretty clearly the practice was in place at Intel's IPO. Does this count as "Intel's early days"? As for Carl's tiresome chant about the "candy store" and the "lunch bunch," he's just a fair-weather enthusiast. 2-3 years ago he couldn't say enough about great Intel was being managed. Nothing has substantially changed, but now because the tech bubble has burst he's calling them thieves. Not an unfamiliar pattern. --Tim May

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