Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.15

-0.6%

Dec 24 12:59 PM EST

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To: Jim McMannis who wrote (163695)	4/8/2002 6:46:43 PM
From: L. Adam Latham	Read Replies (1) of 186894

Jim: Re: PS2: If my tax return is indicative of what the government is going to get then you ain't seen no budget deficit yet! Don't worry - I think I compensated for you. When I left Intel last July I had 90 days to exercise all my NQ stock options at $5/share. I couldn't believe the taxes I had to pay! I'm glad the taxes were withheld by Intel at the time of exercise, because I'd cry if I had to write that tax check myself. The smart move (thus far) was exercising and holding a good portion of my shares in the low $20s after 9/11. I paid the taxes on the gain between $5 and ~$20, and can defer the tax on the gain since then. One week till tax day! Adam

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