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Technology Stocks : Intel Corporation (INTC)
INTC 45.07-17.0%Jan 23 9:30 AM EST
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To: Robert Salasidis who wrote (170121)8/26/2002 7:02:10 PM
From: Dan3  Read Replies (1) of 186894
 
The rats are streaming off the Itanic:

Thanks very much to DARBES for this fascinating new data:

http://biz.yahoo.com/t/i/intc.html

biz.yahoo.com

What is amazing is the breadth and pervasiveness of insider sales at inteL (these clowns are literally emerging from the woodwork) and at extremely low prices over the last two to three years of inteL's price history. Many of these guys (and gals) have to be very long term employees or have to have had very a long term association with intC.

While at AMD...almost no sales for over a year. I have never before witnessed such an anomalous divergence in over thirty plus years in this market of stocks. Do note the amazing timing of Hector's purchase. What is significant about his purchase is the obligation he is under to not sell any for quite a while. I am sure that his package with the company includes generous stock options...but I also suspect that he does not expect the average price of AMD to stay anywhere near the prices that he paid, in my mind that is the only sane reason for his purchases. Because of the close scrutiny that "insider" are getting, especially now, he is "married" to those share. I suspect that the marriage will be a very happy one.

Regards,

DARBES
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