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

To: carl a. mehr who wrote (172915)	2/7/2003 11:09:30 PM
From: wanna_bmw	Read Replies (2) \| Respond to of 186894

Carl, Re: All I am asking for from Intel is honesty in their reporting of earnings, especially at this time when the earnings are being used to repurchase shares recklessly doled out. There are two debatable issues here. The first is honesty in earnings reporting. Some people feel the current system works great, others are looking for reform. What kind of reform are you looking for? How can Intel help in this respect? It doesn't add value to repeat the problem, especially for others that don't agree with you in the first place. The second issue is stock repurchasing. It happens at just about every other large company, too. But "reckless" is a matter of opinion. Do you think Intel should purchase at more strategic times? Purchase less shares? Not purchase at all? The first thing you can try is to drop altogether the notion of crooked execs. If you truly believe that, and your persistent anecdotes and quotes from Inside Intel suggests you do, then short the stock or don't invest at all. Continued baseless accusations are FUD, plain and simple. Either relate it to investing, or drop the nonsense. Even though I don't agree with your issues, Carl, I still find value in seeing the discussions that result from some of the experts on this thread. The only thing that stinks is that you can't seem to be satisfied with the answers you get, and the argument seems to go on forever. I suggest you listen to what people say, comment with something constructive, and then move on to a newer topic.

To: carl a. mehr who wrote (172915)	2/8/2003 8:51:09 AM
From: steve harris	Respond to of 186894

Carl, here's one bit of new info. May help a little to know earlier when execs bail. biz.yahoo.com Instead of 15 days to file a 8k, 2 days. Also any stock sales or purchases by executive insiders. 11 new items will be added to the 8k. Steve

To: carl a. mehr who wrote (172915)	2/8/2003 9:51:54 AM
From: steve harris	Respond to of 186894

Carl, Let me take a chance at it for you. No one else is. Disclaimer: Any numbers greater than ten I had to take my shoes off. Stock price from January 1999 until today, monthly adjusted for splits. table.finance.yahoo.com Looking at the proxy filed in 2001 for the year 2000, Barrett received $3,359,700 salary and cash bonuses plus $397,700 to be paid upon leaving the company. Grove received $3,067,900 salary and cash bonuses plus $375,600 to be paid upon leaving the company. Parker received $1,625,500 salary and cash bonuses plus 201,800 to be paid upon leaving the company. Otellini received $1,593,500 salary and cash bonuses plus $177,500 to be paid upon leaving the company. Bryant received $1,569,400 salary and cash bonuses plus $166,100 to be paid upon leaving the company. Vadasz added from info in the next year's proxy Vadasz received $1,556,400 salary and cash bonuses plus $175,300 to be paid upon leaving the company. In addition to these cash outlays above, these execs received option grants which may or may not be of any value when they expire. They are first exercisable in 2005. Barrett received 200,000 Grove received 200,000 Parker received 108,000 Otellini received 120,000 Bryant received 90,000 Vadasz received 119,650 According to the proxy, all of the above options were granted in April and have been adjusted to reflect the July 2000 stock split. ______________________________________________________ Looking at the proxy filed in 2002 for the year 2001, Barrett received $1,6503,300 salary and cash bonuses plus $264,800 to be paid upon leaving the company. Grove received $1,506,800 salary and cash bonuses plus $243,800 to be paid upon leaving the company. Parker isn't listed. Otellini received $861,000 salary and cash bonuses plus $125,400 to be paid upon leaving the company. Bryant received $668,000 salary and cash bonuses plus $121,800 to be paid upon leaving the company. Vadasz received $743,600 salary and cash bonuses plus $122,700 to be paid upon leaving the company. In addition to these cash outlays above, these execs received option grants which may or may not be of any value when they expire. They are first exercisable in 2006. Barrett received 484,696 Grove received 384,696 Parker isn't listed. Otellini received 357,586 Bryant received 253,704 Vadasz received 335,650 __________________________________________________ Carl, it appears they cut their cash bonus for 2001 but went nuts on the options. All of these numbers may be completely wrong so I will hope others correct my mistakes. This is a good read also, edgar-online.com Steve

To: carl a. mehr who wrote (172915)	2/9/2003 1:21:15 AM
From: kapkan4u	Read Replies (1) \| Respond to of 186894

<Inside Intel by Tim Jackson He tells about the legal department suing everyone in sight in order to hold on the its monopoly power. Many of these law suits were of a frivolous nature designed to delay competition. Intel's legal department spent hundreds of millions of dollars. At one point, the general counsel who headed it was told that one of the targets that he would have to meet in order to get a good performance appraisal was a fixed number of new lawsuits to start each quarter.> One should have seen the smirk on Andy Grove's face when during one of the business update meetings an employee asked a question about Intel's legal expenses. The employee was concerned if they were a good return on investment or not. The question was asked in the summer of 1995 in relation to Intel's major legal victory over AMD in i386 copyright dispute. After regaining his cool he went on to say that ROI was unbelievable, just considering the valuation hit that AMD suffered as the result of this lawsuit. I worked for Intel for 12 years, but had not thought that the bosses were thugs until after I left the company. Reading “Inside Intel” also helped. A great book everybody investing in Intel should read. Of course the way the inner circle bosses continue enriching themselves after the stock lost 80% of its value is a separate issue. One would imagine that if the management had any integrity, they would have voluntarily disgorged these options in solidarity with all the shareholders that lost their shirts. Fat chance Carl – don’t hold your breath. Kap