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

To: carl a. mehr who wrote (172903)	2/7/2003 1:32:28 PM
From: GVTucker	Read Replies (1) \| Respond to of 186894

carl, RE: What is a Bean Counter worth versus Intel Engineers? Just to reiterate a message I've said time and time again, I'm a true bean counter. In just about any successful corporation--and I'd put Intel in that group--the bean counter's primary duty is to keep score. Nothing more. The engineers should be much better compensated than the bean counters. Heck, the marketing and sales staff--at least the successful ones--should be much better compensated than the bean counters. And the most successful engineers and marketing and sales staff should be better paid than the CEO. And, lest you think that is rather idealistic, there are plenty of corporations that are true to this ideal. Warren Buffett's salary has been $100,000/year for several years. No options. Oh wait, you must say, he's not part of the tech world. OK, how about Bill Gates. A large number of people at Microsoft made more money last year than Bill Gates? (Ballmer should follow Gates' example, for the good of Microsoft. He hasn't, thus far.) Michael Dell would do well by his namesake company is he remembers those examples before he asks the board for another million options.

To: carl a. mehr who wrote (172903)	2/7/2003 1:47:09 PM
From: Tenchusatsu	Read Replies (1) \| Respond to of 186894

Carl, my only beef is that you are specifically singling out Intel in your rants. I can understand that, given your investments. But the problem is not specific to Intel. Overcompensated execs, overcompensated bean counters, undercompensated engineers, etc. It sucks, I know, but where ISN'T this a problem? To me, Intel does a great job in fostering a technical career path, i.e. valuing the contributions of actual engineers. It isn't just a management fad, either; in fact, it's an integral part of the work culture here. Do I think it's anywhere close to ideal? Of course not. Does it shield the execs from criticism when some of them seem to be overcompensated? Of course not. But I think you're rushing to single out Intel when the problem is much bigger than even this company. (And in my opinion, Intel is a lot closer to egalitarianism than other companies that I'd rather not name publicly.) Tenchusatsu