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

To: carl a. mehr who wrote (178084)	5/25/2004 12:54:54 PM
From: Robert O	Read Replies (2) \| Respond to of 186894

Through the grapevine I have learned that Andy Grove took Craig Barrett to the “woodshed” for bragging and that may explain why he has kept a low profile. ############## Please keep us informed of anything you hear on the 'lunch bunch.' Carl you are one of the few brave enough to tell the TRUTH! Just imagine if the intel 'higher ups' had concentrated on business instead of giving away 10s and 100s of millions to their insiders. And how about all those companies bought with shareholder money that now we see are total 'busts.' Who was overseeing all of this, why were there incentives in place to 'swing for the fences' instead of circling the wagons a bit? You should be applauded as a hero of heroes (they don't make 'em like you anymore) for this charge of the light brigade! When can their glory fade? O the wild charge they made! All the world wondered. Honor the charge they made, Honor the Light Brigade, Noble six hundred. -The Charge of the Light Brigade, Alfred, Lord Tennyson

To: carl a. mehr who wrote (178084)	5/25/2004 2:52:17 PM
From: rkral	Read Replies (3) \| Respond to of 186894

OT .. carl, re "Intel top management may better stop stealing the stockholder’s money, return their ill gotten gains or expect to stand trial when a dedicated person like Elliot Spitzer steps up to the plate. " Your rant is quite over the top. As such, it does not benefit the pro-option-expensing effort IMO. Since stock options programs are legal, it's not stealing. Nobody will be returning any money gained from stock options .. and nobody will stand trial .. despite Elliot Spitzer's zeal. Stock options are compensation -- compensation which should be expensed. But due to FASB SFAS 123, this expense has been disclosed in footnotes to the financials beginning with Intel's FY1996. During those 8 years, Intel reported $46 billion net profit. Even if Intel had expensed options, it would still have reported $40.9 billion net profit. And what about shareholders' equity? Well, it grew from $12.1 billion to $37.8 billion over those same 8 years while shares outstanding shrank from 6.56 billion (split adjusted) to 6.49 billion. IOW, shareholders' equity grew an average 15.4% per annum over those 8 years -- from $1.85 to $5.84 per share. So while employees have been compensated with options, shareholders have seen their fortunes grow as well. Let's just expense the darn things. Ron