To: carl a. mehr who wrote (173069 ) 2/16/2003 10:13:15 PM From: Amy J Read Replies (2) | Respond to of 186894 Carl, as it turns out, Intel distributed the SMALLEST amount of options to their executives out of 250 large companies: nytimes.com "Intel, widely respected over the years as a well-managed company...was the only company to have awarded less than 1 percent of its option grants to the top five executives between 1999 and 2001." ...and... "At the other end of the spectrum are many energy companies and old-line manufacturers. Baker Hughes, an oil and gas company based in Houston, ranked first, giving more than half of all options to its top five executives in 2001 and more than 90 percent in 1999, according to Professors Blasi and Kruse." ---------------------------------------------- Top-heavy companies, have the risk of attracting "jump ship" executives, rather than the "stay through thick and thin and build the company" kind of solid executives that Intel promotes from within. Check this out - notice when they "joined Baker": bakerhughes.com "Chief Executive Officer ...joined the company in August 2000." "Trevor Burgess...joined Baker Hughes Incorporated in May 1999 as VP Sales" "Alan Crain, joined Baker Hughes as vice president and general counsel on November 8, 2000." "Mr. Emerson ....Baker Hughes Oilfield Operations since 1998." "John Lohman joined Baker Hughes in October 1999 as Vice President, Tax." "Mr. Nakanishi, joined Baker Hughes as vice president, human resources on November 1, 2000." "Mr. Barr returns to Baker Hughes from the Cameron" "Mr. Clark was named President of Baker Petrolite in 2001. He joined the Company from Consolidated Equipment Companies Inc. where he served as president" "Mr. Wall joined Hughes Christensen as President in 1997. Previously, he was President of Wester" ======================================================= Carl, I think one could look at how the other companies compensate their executives before criticizing Intel. Intel compensated their top 5 executives the least out of 250 companies with 65,000 employees. I think they deserve a thank you. (But they'll probably do better because INTC is better positioned to grow more.) What other companies are you invested? Lets check out their proxies. Any oil companies? Any energy companies? Coke? Regards, Amy J