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Technology Stocks : Intel Corporation (INTC)

INTC 35.81

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3:59 PM EST

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To: Jim McMannis who wrote (174229)	4/25/2003 12:39:21 PM
From: The Duke of URL©	Read Replies (1) of 186894

"there might be an argument for that level of compensation. But if there is any link between performance and pay at Intel, then their compensation should be cut by ~90%. There are plenty of good executives in the world struggling" Not exactly. They options MAY be excersizable over a long period of time. And it may be that Barrett's role is in flawless production, WHICH WAS NOT THE CASE IN THE TWO YEARS BEFORE HE TOOK OVER, and which is absolutely necessary to bring the itanium concept to fruition. These efforts may not show up for five or ten years. For those of you who live quarter to quarter, this may be hard to understand. This is not to condone rampant pissing away of share holder equity but hard work and true genius should be handsomely rewarded. The problems are not new, but it is noteworthy to see the effect of the internet dissemination of corporate information with governance issues.

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