Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Lizzie Tudor who wrote (174540)	5/13/2003 4:45:07 PM
From: Stock Farmer	Read Replies (2) \| Respond to of 186894

shareholders are not dictating whether or not Intel or anybody expenses options Yes they are (well, the Intel shareholders are deciding the Intel part, not the "or anybody" part). Check the proxy circular Lizzie. It is up for a vote of the shareholders. That is a fact. I can't believe you are disputing this. current mgmt doesn't have to accept it and if you impose some lunacy they will just quit. Absolutely right. And yes, I know this quite well. That doesn't mean shareholders don't have the final say. It means shareholders also get to reap the consequences of their decisions. In the end, it is their decision. Whether you like it or not and whether you agree with it or not. As far as management quitting? This is the part that makes me wonder if you are serious. Because I know what's at stake for these guys and they aren't going to trigger the "resignation without cause" clause of their contract if shareholders exercise their rights and vote that the company must choose one of two valid GAAP accounting methods. Having served on boards and on executive teams and as management or employee or shareholder through some rather distasteful decisions, I can assure you that sometimes shareholders require management to do things that they don't like to do. But which they do anyway. It isn't spelled "c.o.m.p.e.n.s.a.t.i.o.n" by accident. John