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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: Lizzie Tudor who wrote (174535)5/13/2003 4:16:19 PM
From: Stock Farmer  Read Replies (2) of 186894
 
<i.As far as the inclination that what matters is what shareholders think... that isn't entirely true... unless a set of shareholders is willing to takeover the management of the company, or find an executive team willing to execute their vision while at the helm.

Are you for real?

Last time I looked , the shareholders are voting whether or not to expense stock options. If the shareholders decide not to do so, then Intel won't expense stock options (nor should they) for as long as shareholders have a choice in the matter. However, if the shareholders vote to expense stock options, then the board must find a management team willing to live by this decision.

And the probability that it would be the current management team is quite high. "I Quit" are the two most expensive words in the Executive Dictionary.

You can vote your micro-percent of the corporation any way you wish. I'll vote mine and other shareholders will vote theirs. Either directly or through proxy. And together we all have a say in the outcome. A few micro-percent at a time.

That's actually how it works. In the end, what matters is what shareholders think!

John
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