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

To: John F. Dowd who wrote (168319)	7/16/2002 8:36:05 AM
From: Amy J	Read Replies (1) \| Respond to of 186894

Hi John, RE: "What needs to be done is boards have to get control of the terms under which options are issued." Bingo Two year vesting terms should be outlawed for CEOs, since they're in the pocket of the board. That would nail the fly-by CEOs looking for a quick flip. But Boards ought to get a handle on more than just terms. Why do some boards get so attracted into hiring these big greedy, spender types? Answer: boards are gullible to charisma. Unfortunately, some people can be attracted to the image that money buys. While I may complain a bit about Intel's spending being out of line with its revenue, they do have a culture of frugality and aren't gullible to charisma. Wish the same could be said of all companies. Regards, Amy J