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


To: L. Adam Latham who wrote (111926)9/30/2000 3:06:27 PM
From: deibutfeif  Respond to of 186894
 
Hi Adam,
RE:Even with the ~$41 price in INTC stock, most mid-level engineers who've been at Intel a while still have considerable stock option gains that can't be cashed in on for several years. That being said, it is now easier for an engineer to walk away from Intel than it was last month. I for one would like to see Intel do what Microsoft did last Spring, which was to make an additional stock option grant (at the recent lower INTC price) to all the employees in an effort to keep their talent from leaving.

You are certainly correct that they might be leaving a lot of potential money on the table, but if they've been at Intel more than 10 years (and have accumulated stock rather than just blowing it), the amount left behind is becoming a smaller percentage of net-worth as each year passes. This trend has been aggravated by the ramping down of stock option run rates. In my case, 4/01 options, though substantial in absolute value, represented less than 5% of networth.

Now that the stock is cratered (and failing any counter moves by Intel as you propose), I fear that even more talent will leave the company next year, as the value of options future options has dropped dramatically.

~dbf



To: L. Adam Latham who wrote (111926)10/4/2000 4:30:08 AM
From: Amy J  Respond to of 186894
 
OT Hi Adam, RE:"I for one would like to see Intel do what Microsoft did"

But the complete picture includes, working like Microsoft too. Can't take, unless something is given, which could be, the culture could demand you to work 3 months straight with no time off, 7-days a week, when your project is in ship mode (and when it's not, 6 days). And if you're in sales, this could mean your home is the airport.

Regards,
Amy J