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

To: carl a. mehr who wrote (178064)	5/26/2004 2:59:43 AM
From: Amy J	Read Replies (1) \| Respond to of 186894

Carl, it was two or possibly three years ago that Ken made a factual observation the amount was higher than normal. Believe this may have been before the doubling up on the way down. But he certainly didn't say anything negative of the management team or board, as your post might incorrectly imply. In talking with him, he saw the situation purely from a numbers standpoint. And he was very factual about it. At that time, I didn't have an issue with the amount, because of my strong preference for employees to be awarded less in cash & more in options. Historically, Intel was below the norm in options. But this was before the doubling up on the way down. As much as I really appreciate the value created over the many years prior to the downturn, am a tad annoyed with the doubling up on the way down, because that felt incongruent to the direction of the value of the stock - pain is suppose to be shared with investors. I didn't quite follow why their policy is to issue the full amount of (I think) five (?) years worth of ceo-quantity-level of stock options when a ceo cannot complete their vesting of all of it in that particular position due to a policy of forced age-related retirement. i.e., It doesn't make sense to pay a higher level of compensation after they eventually retire and move into a board role which typically pays less. Regards, Amy J