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

To: carl a. mehr who wrote (172740)	1/31/2003 12:30:48 AM
From: Dave Budde	Read Replies (2) \| Respond to of 186894

I don't know or care about the details of Dunlap's salary history. But you apparently don't understand how options work. They have a 10 year life. That 10M could have been for an option he held for 10 years. So realistically it's like an added 1M per year. Not unreasonable for someone in his position. But in general I agree with you about the excess of stock options. Unfortunately, they fall within the law and it's no different that compensation for NBA athletes. Companies have to compensate competitively to retain the people they want to retain. You may not like who they decide to retain, but someone in that position at Intel is going to get those options or they will go elsewhere.