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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: nihil who wrote (105557)	7/12/2000 8:38:14 PM
From: Elmer	Respond to of 186894

Re: "I make no moral judgment, but I call a bribe a bribe"................"I would prefer my companies to extort as many advantages from hosts as they possibly can" For one who "makes no moral judgements" you have an odd choice of words. The casual reader would find words such as "bribe" and "extortion" emotionally charged and highly judgmental. They might even find your disclaimer somewhat disingenuous. I think "incentives" and "negotiate" are more appropriate. As you know Intel does not operate in a vacuum. It must compete with other companies which are also receiving incentives from other hosts. No country is forced to host an Intel fab hence extortion is a very odd term from someone who claims not to be judgmental. Host nations must compete with other potential hosts for the jobs and the benefits of the flowing cash a $2 Billion investment and high paying salaries bring. Intel is not obligated to provide jobs for the downtrodden so they are free to seek the best deal. In fact they have an obligation to their shareholders to do just that. The use of the terms "bribe" and "extort" perhaps unintentionally reveals a view that Intel is somehow taking advantage of the country when instead that host is desperate for the validation that a big name company like Intel can provide above and beyond the economics. I don't share what I believe is your not so well concealed view but instead see Intel as, as much as anything, a benefactor to the nation where Intel agrees to spread it's wealth. EP