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To: Saturn V who wrote (174391)5/8/2003 8:27:03 AM
From: herb will  Respond to of 186894
 
Saturn V, "mandate the expensing of stock options"

A stockholder’s proposal to expense stock options will be voted on at the upcoming Stockholder’s Meeting on May 21. Intel management recommends voting against the Proposal. So do I. If you are a stockholder you should have received a proxy. You can also vote online.

Herb


Herb



To: Saturn V who wrote (174391)5/8/2003 12:44:33 PM
From: COMMON_SENSE  Read Replies (2) | Respond to of 186894
 
As a stockholder am I in partnership....

with management who shares the $0.14 profit this quarter with all stockholders by taking $0.05 of the profits for themselves in the form of future options to purchase and leaves me with $0.09 real profit?

That is exactly what is being reported to me as a stockholder.

Then how can I justify:

1) the high price of the stock by valuation which already is 40 times earnings and climbing? With that new valuation it would be closer to 56 times earnings.

2) how can I vote to support management in continuing this on May 21st i ntheir proxy voting?

3) How can I continue to justify their spending between 43.5 and $3.9 billion on CAPEX for this next year?

4) how can I justify their spending about $1 billion per quarter buying back stock which they have done for a long time?