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

To: Stock Farmer who wrote (174541)	5/13/2003 4:55:54 PM
From: greg s	Read Replies (1) \| Respond to of 186894

John, re: Check the proxy circular Lizzie. It is up for a vote of the shareholders. That is a fact. Here is the actual wording of proposal #2 on the proxy: Stockholder Proposal Requesting the Expensing of Stock Options: The United Brotherhood of Carpenters and Joiners of America Pension Fund, 101 Constitution Avenue N.W., Washington, D.C. 20001, which is the beneficial owner of approximately 31,150 shares of Intel common stock, has submitted the following resolution: Resolved, that the stockholders of Intel Corporation ("Company") hereby request that the company's Board of Directors establish a policy of expensing in the company's annual income statement the costs of all future stock options issued by the Company.

To: Stock Farmer who wrote (174541)	5/13/2003 6:43:06 PM
From: Lizzie Tudor	Respond to of 186894

my point is, that if shareholders vote to pay management $1, or they initiate a vote to fire all the people and distribute profits in the form of a dividend, or any one of a million things investors on SI have proposed, management is not legally bound to execute the vote, they can always just quit. Sure you can vote for what you want, and you can fire whoever you want etc. But you can't make people work for you that is the problem, and you can't make them give their all or care. Good management can just go off and start another company with private capital or any number of things. You act like they have no options and if that is true, then they should probably be fired irrespective of any micromanagement imposed by shareholders.