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

To: Road Walker who wrote (168593)	7/23/2002 4:42:10 AM
From: Amy J	Respond to of 186894

Hi John, thanks for the link. Great to hear - SEC sides with growth and high-tech! Way to go to Intel & Barrett for his talk on CNBC ! This is one less road hazard attacking growth & high-tech. --------------- Mr Herdman, who joined the SEC...said that moving the accounting of stock options from the footnotes of financial statements "isn't going to change the behaviour of any company out there". Computer-related companies, including Microsoft Corp. and Oracle Corp., and trade groups such as the American Electronics Association oppose treating options as a compensation cost, saying that their value is unclear and expensing them would reduce profit and make it harder to attract workers. --------------- Here's one idea I like, and much better than expensing options: nytimes.com "Schwab's top managers have been contemplating changes in their policies...They are considering whether to require the chief executive and one or two other senior executives to announce their intentions to sell company stock a few days or a week in advance. They also might require Schwab's most senior executives to hold onto some portion of the shares they acquire through stock options, Mr. Pottruck said." Given that most Intel execs tend to sell their stock in January per Yahoo Reports, I bet that would be a no brainer. I like the idea about having folks retain some portion of options to ensure interests of an exec are aligned with investors at all times. My vote would be 20% of one year's worth of vesting at any given time. I noticed on Yahoo Reports, Paul O has held onto his stock through this entire downturn. That's a huge vote of confidence for the stock. I have a lot of respect for execs that do that, or hold on to some. They're wearing the company hat and are aligned with investors. Regards, Amy J