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

To: Road Walker who wrote (172083)	12/3/2002 5:37:25 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 186894

Just makes me want to go out and "pay" for some stock. <G>. I think they are taking the public "incent to buy" the stock away. I think there will be some legislation coming down to limit the amount of stock options. Jim

To: Road Walker who wrote (172083)	12/3/2002 9:55:04 PM
From: pgerassi	Respond to of 186894

Dear John: I wonder how much better for us the stockholders would be if they got all that compensation as a salary, deducted the taxes, gave them a percentage of the net say 50% (set by the employment contract), and used the rest to buy stock at the current market price. Now those shares are held by some totally independent board to be given them the control of that stock after say 5 years or some other schedule. If they leave, the company gets any uncontrolled stock they have in their accounts. Regular employees can buy stock the same way, but they control the stock right away. The schedule terms are always public. Any changes to the conditions, must be made public as well, immediately. Thsi would act like stock options for management, but are accounted for naturally, make them more like shareholders as they get hit with the bad times as well as the good ones and give them on ongoing incentive to do well. For top office holders, the employment contracts must be approved by a majority of the stockholders not associated with the office holder (Management cannot use a proxy to approve it). Granted the fleshed out version may be different than this, but it would give shareholders more control than the under the table junk that goes on now. And yes, I think these options are way too much especially given past performance. Pete