Regardless of your "you can twist that B.S. you're spouting", at least you seem to agree with me, that the owners are the risk takers, not the employees (except when they are in their role as shareholders). Who are you laboring for, the owners, or your fellow employees? If Intel's goal is just to enrich the employees, why would anyone invest their capital, employees included? It's that type of thinking that lead to the Enron and Worldcom debacles.
---Right, ya know I own shares in McDonalds, I just found out that McDonalds employees get discounts on food, so according to your logic, since I support McDonalds, I should get those same discounts on food too, or we should string up McDonalds management for giving away the food profits.
I also own shares in Sears, and I just found out that Sears employees get 10-15% discounts on merchandise, so according to your logic, since I'm taking a risk in Sears, I should get those discounts too, or we should string up Sears Management for giving away the merchandise profits.
And let's not forget that I was a member of the military, and shopped in the Navy Exchange, where military people get discounts, and pay no sales tax, so acording to your logic, since my taxes now support the military, I should also now be able to shop there and get those discounts and no sales taxes too, or we should string up President Bush for giving away my tax money.
Rediculous..... Just like your statements. Employees in all businesses have always gotten bennies that are not available to those that don't work for the company. I bet you get some from your company yourself. Can I have some of those same benefits too??
I wonder how IR and the BOD would feel about that. I've held Intel stock for about 10 years, not so that I can "bitch and whine", but because I have great respect for the company. I happen to think that the current management isn't doing nearly the job that the old management did. Does Intel want long term, loyal shareholders, or do they want the company to be owner by traders? Ask the folks in IR, I think they will tell you they want the former.
---As long as people buy the stock, long term, short term, who cares? And I didn't see IR and BOD call for an ouster of management when the repriced the options, so I don't think that you speak for them either.
Your post has gone a way towards convincing me that I should sell my Intel stock. Even though I hoped to pass it on to my heirs. Sometimes shareholders "bitch and whine" and "twist that BS they are sprouting" because they sincerely care about the company. Maybe as much, or more, than some employees.
John
---Boy, if you let someone's post on a board make you go "a long way towards convincing you that you should sell your stock", then you're in a sorrier shape than I thought. I use to have respect for your opinions, when you were thinking with your head, instead of your emotions, but I guess I should thank you for showing me how foolish that respect was. I won't make that mistake again.
Semi
AI
