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

To: Tenchusatsu who wrote (141263)	8/11/2001 2:40:14 PM
From: pgerassi	Read Replies (1) \| Respond to of 186894

Dear Tench: Well you did not like the Intel Rambus Contract. You were not that dumb! If that person or persons worked for me, he(they) would be fired and then taken to court as he(they) failed in his fiducery responsibility to the company and failure to do due diligence. Has it been revealed who was responsible for that contract? That one caused the loss of billions of dollars. Would it be better to compare it to the idiot person in Orange County who did those deals with derivatives? Or how about a comparison to the person who bought down that big bank by losing billions? So you didn't like my analogy, so what? And who said I believe everything that Sanders said? How did that get into this discussion? I will state again, actions speak louder than words. I do not like the amount of stock options given to executives (I voted not to increase executive stock options and only allow limited employee stock options (no repricing either)). To combat this practice, the costs should be included into the GAAP earnings calculations as I believe it is correct to consider them employee compensation. I would allow many ways for it to be done. One would be for a company to be required to buy the stock option (if there is a market) or the cost of the underlying shares (if there isn't) and add those costs to the quarter in which the stock option is given. Any repricing is done either in the market or by default the market worth of the underlying securities. The former is less costly and preferred as it does not dilute the shares held. The later method is more costly and thus a deterent to small companies or startups from doing it (no more "free lunches" or defered compensation). If that isn't clear, I do not like any executive to make money via stock options when the rest of us stockholders do not make the same relative to our investment. And that includes Sanders, Barrett, and all of the others. If they want the profits, they should suffer the losses. As to the "dumping". I agree. That should not be allowed for corporate officers and board members. They should only be allowed to sell immediately after the quarterly report (1 to 5 trading sessions with public notice 24 hours in advance) effective until the first quarter after they have left the company. Purchases are allowed with the same 24 hours of advance notice over the very same period. Its harsh, but it is the only effective deterent to this sort of thing. Its also the most ethical way to do this as well. As to the other statements, I know that it is hard to forecast the future. Schedule slippages and market changes are a fact of life. I don't like them, but what can you do other than plan for the worst and hope for the best? The biggest gripe I have against Intel is their arrogance. That usually leads to a downfall. Kudos to them to attempt great things and sometimes, they succeed. But the arrogance has a tendency to push things that do not fit. It gets to people's stubborn streak and builds resentment. They could have built SDRAM and RDRAM versions and let the market decide. P4 has some nice ideas, but the real problem is that the pipeline is too long. I see many things of what is wrong with it and some things that are right with it, but that is for another discussion. Forcing a transition to P4 when the CPU has not yet shown its superiority, is another example of that arrogance. How many would use a P3M over a P4, if they competed head to head with the same margins? I have exceeded your expectations by answering your questions (if you asked the ones you wanted answers to). Pete