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

To: Jacques Newey who wrote (173045)	2/14/2003 10:57:27 AM
From: Amy J	Read Replies (1) \| Respond to of 186894

Thread and GV, It's interesting to note the option comp used for the Sprint execs in that article were apparently devoid of keeping the option formula the same for execs and the employee's. From Ten's post, one can see Intel keeps their options formula consistent within the entire company, exec or employee. The article should have more accurately targeted the inequality of Sprint's formula as the issue, rather than simply making the article an easy one-sided attack on a useful tool. I think the writer should be paid $1,000,000 in salary for his or her work, followed by the writers at the firm receiving no salary ($0) due to an abuse of the salary tool by a member. That ought to motivate their entire work force to do a better job at writing the full details & full perspective of the option story. Fortunately, our Mercury News presents more details and is more familiar with options and their purpose, and isn't so obviously biased against them that they don't present both the pros & cons. Nasdaq should really be moved to Silicon Valley, where stock is understood. Regarding how much better "traditional" compensation is for motivating the "entire" workforce... ...it'll be nice to read more stories about executives being compensated $90 million dollars for a Gulfstream V. By comparison, it certainly makes an investor respect Intel's comp plan by miles. One time, one of our employees had a flight from AZ (where we have a remote site) to Silicon Valley, and he happened to see Barrett board the same plan he took. He said about 1/2 of everyone on the plane was reading the magazine that had Barrett's face on the cover, the article that had a lot of errors in it about a year or so ago, that we all attacked on the thread. Geez, maybe Intel should buy a $90m plane, just so high-tech can go back to the so-called better "traditional" compensation plans. Options are simply too aligned to shareholders, but planes, jets, and other types of compensation tools are so much better. Go figure. GV, you may think it doesn't have anything to do about competitiveness, but when was the last time you were in China and checked out what their government does over there for businesses by comparison? Remember the email I sent you about a month ago about the Chinese VC group that more or less tried to use pressure tactics to try to meet with us, along with a platoon of more than a dozen delegates from the Chinese government? By comparison, what is our gov't doing? At the end of the day, this is all about being competitive, globally so. I hope our gov't has their eye on the ball. Regards, Amy J