Intel Corporation (INTC) Message Board

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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: hueyone who wrote (174671)	5/26/2003 3:17:49 PM
From: Lizzie Tudor	Read Replies (1) of 186894

This is a good article overall about shareholder rebellion. siliconvalley.com BTW I believe unions are bankrolling the options expensing debate on the opposite side of the tech industry, so therefore I think more money is on the pro-expensing side at this point. When corporate sales and stock prices tumbled as the economy soured, executives slashed costs by firing workers. In many cases, those layoffs helped executives meet performance targets that allowed them to reap big bonuses, angering some large unions. This is the "little guy vs mgmt" baloney you get when unions come into the picture. Also this article says what we already know, that shareholder votes are non binding. There was some discussion on this thread a week or so ago regarding that issue.

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