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Technology Stocks : Intel Corporation (INTC)
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To: Lizzie Tudor who wrote (177334)4/2/2004 12:03:43 AM
From: Amy J  Read Replies (1) of 186894
 
Lizzie, RE: "the anti-options expensing argument in the past was always applied to engineering talent...(but)they no longer have an argument against options expensing in the engineering ranks"

Why do you think options aren't important for engineers?

Your opinion goes counter to the industry's concerns.

I'll give you an example to prove my point:

We have an employee that can save as much as $200k on a component order, which more than pays for his salary. Meanwhile, China has heard of him and he said they called him at work and told him they needed more people with his skillsets.

Meanwhile, you incorrectly claim how the USA handles options no longer matters, when China is breathing down the necks of the USA, with their better policy.

Well, try to tell me it doesn't matter in the scenario above.

Engineers can be more valuable than executives.

RE: "Anyone can see we are in no danger of losing executive leadership, when we pay executives anywhere from 10-50x what they can get in other countries"

I agree with this statement relative to all countries except China, where their policy is unfairly more advantageous. Due to the potential ruling, I poked around and checked out comp plans overseas and yes, so far, we continue to have an advantage in countries like India, Europe, etc, and also China, because we pay more salary & options, but not how options are taxed in China. That has to be addressed by the US, regardless if the person is an engineer or executive.

Regards,
Amy J
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