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

To: Scumbria who wrote (131608)	4/4/2001 1:36:06 PM
From: semiconeng	Read Replies (1) \| Respond to of 186894

I once had a job offer from Intel with a relatively low salary, and they explained that their compensation was based largely on stock options. That was at $90/shr (one split back.) Scumbria So, that's true. That stock option would have been relatively pretty worthless at $90.00 a share right now. There are a few points to consider, that you did not mention: 1. For intel Stock Options, at each split, the number of unexercised Options Doubles, and the Option Price Gets cut in half. So 1 - $90.00 Option would now be 2 - $45.00 Options. Still pretty worthless..... right now. The longer you stay, the more valuable the Options become. 2. I'm guessing they didn't mention "How Many" Options are normally granted at Focal Review to an Engineer who "Meets" or "Exceeds" on their R&R. Did They? 3. Other benefits that might have been considered along with it (which other companies may also have) might be: Full Medical (Cigna), Dental, Life Insurance, Tuition Reimbursement, 15% Off Stock Purchase Plan, 8 Week Sabbatical every 7 years, Company contributing 401K..... For you, it doesn't seem like it was worth it. For others, it might be. I hope that you are as happy where you're working, as "others" are, where they are. Regards, Semi (Trying Out A "Kinder/Gentler" Attitude)

To: Scumbria who wrote (131608)	4/4/2001 1:55:08 PM
From: maui_dude	Read Replies (1) \| Respond to of 186894

Scrumbia, Re : "I once had a job offer from Intel with a relatively low salary, and they explained that their compensation was based largely on stock options." You might be grossly underestimating Intels benefit package. If you just add up your base pays, stock purchase plan (SPP), employee cash bonus plan (ECBP), employee bonus (EB) and profit sharing contribution, it would be anywhere close to .5x to 1.5x extra over your base pay. With your experience level in the industry, it would be closer to 1.5x (with EB being a significant contributor) even in a downturn. This would probably make up for lot more than relatively lower base pay. Unfortunately, Intel could do a much better job of selling their T-comp package. Maui.

To: Scumbria who wrote (131608)	4/4/2001 4:11:46 PM
From: Paul Engel	Read Replies (1) \| Respond to of 186894

SCUMbria - Re: "I once had a job offer from Intel with a relatively low salary, and they explained that their compensation was based largely on stock options. That was at $90/shr (one split back.)" So how many stock options did you get - and at what price - from your current employer? Paul

To: Scumbria who wrote (131608)	4/6/2001 4:07:57 AM
From: Amy J	Read Replies (1) \| Respond to of 186894

OT Hi Scumbria, you cannot even begin to find any company that can even compete with Intel's comp plan (except for our startup, of course, but that's just because - generally speaking - large companies just can't issue as much stock as startups). Sure, everyone knows the folks up north have a better stock plan, but Intel has an excellent bonus plan. Of course, if you look at a narrow picture, at just the base pay, you will probably find something better at Sun...I have a friend that took a job at Sun (many years ago) because the base pay was better (and Sun has this reputation for having excellent base pay). However, he regrets that decision because he could have done better through Intel's stock plan. Like you, he saw only the immediate cash, not the 401k plan, not the stock plan (as explained by semi, i.e. with each split it gets better). And don't get me going on retirement plans, because Intel's is probably the best in the industry. If you stay 10 years at Intel, you'll probably have 2X's more 401k money than other folks at the other large companies, because of Intel's excellent matching program. That's a lot of cash. So, where is your cash (60% of the 160%) going? To pay Taxes? Health care? Retirement plan? Bonus? Stock? Vacation days? Sick days? Add those up. And then please refrain from knocking the folks down here when their stock is at a year low. Maybe the Mod Thread (sorry Mani) is a better place for that particular post of yours. Regards, Amy J