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Technology Stocks : Intel Corporation (INTC)
INTC 36.85+1.6%Dec 19 3:59 PM EST

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To: Elmer Phud who wrote (178031)5/19/2004 2:29:39 PM
From: Proud_Infidel  Read Replies (1) of 186894
 
Intel Shareholders Want Options Expensed
Wednesday May 19, 2:19 pm ET

SANTA CLARA, Calif. (Reuters) - Shareholders of Intel Corp., (NasdaqNM:INTC - News) the world's largest microchip maker, on Wednesday approved a proposal urging the company's board to treat employee stock options as a business expense.
The shareholder vote, at the company's annual meeting, flew in the face of the strongly-held view by Intel senior management that expensing option costs would be bad for the company and for the high-tech industry as a whole.
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