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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: Stock Farmer who wrote (174541)5/13/2003 4:55:54 PM
From: greg s  Read Replies (1) of 186894
 
John,

re: Check the proxy circular Lizzie. It is up for a vote of the shareholders. That is a fact.

Here is the actual wording of proposal #2 on the proxy:

Stockholder Proposal Requesting the Expensing of Stock Options: The United Brotherhood of Carpenters and Joiners of America Pension Fund, 101 Constitution Avenue N.W., Washington, D.C. 20001, which is the beneficial owner of approximately 31,150 shares of Intel common stock, has submitted the following resolution: Resolved, that the stockholders of Intel Corporation ("Company") hereby request that the company's Board of Directors establish a policy of expensing in the company's annual income statement the costs of all future stock options issued by the Company.
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