Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Amy J who wrote (172946)	2/10/2003 9:07:36 AM
From: GVTucker	Read Replies (1) \| Respond to of 186894

Amy, RE: so why do you think Intel decided to issue more options rather than do a reprice? My guess is twofold: First, I do think that management wanted to avoid a charge to earnings. Second, contrary to what a lot of others on this thread think, Intel does operate with a certain set of ethical principles. And most probably, the execs at Intel believe (and I agree) that if you reprice options, that goes contrary to the entire principle of stock options. You award someone an option, it is intended to reward them when things go well and not reward them when things don't go so well. If you reprice options that sends the clear message to shareholders that execs will reward themselves whether things go well or not. Regardless of whether there are extenuating circumstances or not, that sets a bad precedent.