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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (6723)	5/19/2004 2:31:29 PM
From: AugustWest	Read Replies (2) \| Respond to of 116555

This is big, IMO Or maybe just important more than BIG (REUTERS) Intel shareholders pass option expensing proposal SANTA CLARA, Calif., May 19 (Reuters) - Shareholders of Intel Corp., <INTC.O> the world's largest microchip maker, on Wednesday approved a proposal urging the company's board to treat employee stock options as a business expense. The shareholder vote, at the company's annual meeting, flew in the face of the strongly-held view by Intel senior management that expensing option costs would be bad for the company and for the high-tech industry as a whole. ((Reporting by Ben Berkowitz; Editing by David Gregorio; Reuters Messaging: ben.berkowitz. reuters.com@reuters.net; email: ben.berkowitz@reuters.com; +1-213-955-6781)) REUTERS * end of story *