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Technology Stocks : Intel Corporation (INTC)
INTC 39.36-0.1%3:59 PM EST

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To: GVTucker who wrote (138910)7/9/2001 7:07:34 PM
From: tcmay  Read Replies (1) of 186894
 
<<Tim, note that while IBM has filed to sell 1.2mm shares, they haven't made a filing that they have actually sold that stock. In fact, the 600,000 share filing from May has apparently come and gone without a sale, and the most recent 600,00 share filing is probably those same shares. >>

I'll bet not, but I admit I'm not up on all the ins and outs of insider filings. I do know that a _lot_ of "proposals to sell" are not followed by statements of sales...but then some time later the numbers of shares indicates the sale went through.

Some holders of a stock sell the same day or within a few days of the "proposal," from my perusal of the insider trading pages.

In any case, the _second_ 600K shares is presumably not a repeat of the first 600K. I'm wiling to bet they're getting out completely...and may already have done so.

More research should turn up the details.

--Tim May
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