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Technology Stocks : Intel Corporation (INTC)
INTC 39.38+6.7%Jan 2 9:30 AM EST

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To: Ivan N. Antich who wrote (91025)10/27/1999 11:20:00 AM
From: Gerald Walls   of 186894
 
Any comments on this? - Intel's CE to sell 400k shares -
Isn't that a lot?


Why does everyone always panic when someone sells a few shares?

biz.yahoo.com

The guy just exercised options for 1,232,336 shares. With this sale and a previous 700,000 sale he's still added over 100,000 shares.

His holdings are listed as 840,120 directly and 1,680,240 indirectly (his wife or a trust probably owns them). Even if the 400,000 came out of the 840,120 shares listed he still has a total of over 2,000,000 shares.
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