SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 40.51+0.4%Dec 9 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Steve Warkentin who wrote (17236)2/7/1998 12:45:00 PM
From: David M Gambs   of 27012
 
Steve,

While interesting, the article is making many assumptions that are most likely untrue.

Intel gives options on stock that is not currently out there to employees. Obviously the higher up the food chain you are, the more you get. These options have an expiration date. You either by or sell them before that date or you lose them. Most large companies are like this.

The number of shares involved reflect to me this type of thing. This is particularly true of the retiring person. When you leave a company, you usually only have a set amount of time to exercise options or lose them.

This article is written in a way as to 'scare' the small investor into selling. The big boys will be buying anything you sell. If you look at historical charts, Intel does well the first half of February - lots of buying. Sometimes it holds the gains sometimes not.

This 'inside' selling is nothing. Most likely just selling what has to be sold. They may even be exercising some as a buy as well.

Regards,
dmg

(Go INTeL® Go to $200 - [post all splits: past, present & future])
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext