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

To: Mary Cluney who wrote (165501)	5/30/2002 9:16:14 AM
From: Bob Kim	Respond to of 186894

Mary, <<<The best example of highly motivated employees whose incentives are based in mostly cash are the new hires in the top law firms in the country. These twenty five year olds start out with salaries of up to $140k a year and annual bonuses between $20 and $40K. These kids work their butts off just as they do in the highly charged and highly successful tech companies that rely heavily on stock options.>>> I don't think that the majority of 1st year law associates do much of what anyone would call innovative. Also, the compensation jumped in recent years partly because the law firms were losing candidates to internet companies who offered options, laws firms with internet venture exposure, and investment banks. Another difference is most new hires in tech companies don't worry about billable hours.