Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 39.36

-0.1%

Jan 5 3:59 PM EST

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To: GVTucker who wrote (138910)	7/9/2001 8:19:51 PM
From: jackrabbit	of 186894

Re: while IBM has filed to sell 1.2mm shares, they haven't made a filing that they have actually sold that stock. Rule 144 does not contemplate or require a subsequent filing confirming the sale. In fact, the Form 144 is filed concurrently with the sale. If IBM owned more than 5% (they don't) they would have to file under Section 13 of the Securities Exchange Act, or if they owned more than 10% they would have to file under Section 16 of that Act. There are some other esoteric circumstances where they might have to file under Section 13 or 16 that don't appear to be involved here. Tim is correct that IBM has dumped their TMTA stock (along with everyone else -- check out all the sales over the past 2-3 months).

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