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


To: Lizzie Tudor who wrote (174417)5/8/2003 3:29:12 PM
From: GVTucker  Read Replies (1) | Respond to of 186894
 
There is a lot of outrage on the part of individuals who post in chat rooms and the like but they were not large shareholders for the most part.

Yeah, TIAA-CREF doesn't own much stock. In Intel's case, they only own a piddling 75 million shares.



To: Lizzie Tudor who wrote (174417)5/8/2003 3:33:49 PM
From: Jim McMannis  Read Replies (2) | Respond to of 186894
 
RE:"There is a lot of outrage on the part of individuals who post in chat rooms and the like but they were not large shareholders for the most part."

How do you know how many shares they have? How do you know they didn't lose their life savings buying stock in some stoopid sillycon valley start up offering?

I don't think you'll get much sympathy for Silly-con valley rip-de-do-da companies and their elite rip off artist management. Do the people in Sillycon valley really think they deserve to cash in...? Oh Yeah!



To: Lizzie Tudor who wrote (174417)5/8/2003 8:27:39 PM
From: Road Walker  Respond to of 186894
 
Lizzie,

re: There is a lot of outrage on the part of individuals who post in chat rooms and the like but they were not large shareholders for the most part.

"Large" is a relative term.

But if you are talking about institutions with millions of shares, I imagine their complaints are heard directly by the CEO and BOD.

Are you suggesting that those of us with 1000's or 10,000's of shares are not worthy of voicing our opinions? That the number of shares held defines the validity of the opinion?

To me it's very simple: compensation should be based on performance. As Intel earnings (and stock price) has declined, option grants have more than doubled (by my reckoning). At the best it's bad politics, at the worst it's total disregard of the owners and risk takers.

As a recent investor you may have a different perspective. As a 10+ year holder of Intel stock, I see a marked decline in management effectiveness coupled with a dramatic increase in management compensation. Both seem to have started when Barrett took over as CEO, and to me, it just doesn't wash.

John