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

To: hueyone who wrote (173504)	3/13/2003 3:29:50 AM
From: tcmay	Read Replies (3) \| Respond to of 186894

" Many investors have caught on to the "free" stock option charade by now, and it is highly unlikely that they were going to indefinately subsidize employees at $300 an hour in businesses that had poor underlying economic performance. The India and China challenge is already here regardless of what the FASB decides. " This misstates compensation levels in Silicon Valley. Neither stock options nor salaries nor benefits add up to to $300 an hour for very many (percentage-wise) employees. Your $300/hour figure annualizes out to more than $600K. Even considering overhead/loading, not very Silicon Valley or U.S. employees are making $400K/year. Some executives are highly paid, even paid much more than $400K/year. So? Outsourcing some software development to India is one approach. As this is an Intel stock group, software is not the primary issue. How many fab engineers and chip designers can be outsourced to India? Not many. (I'm still waiting for the "rice hulls" to Silox revolution that was promised in 1974.) --Tim May