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Technology Stocks : Intel Corporation (INTC)
INTC 36.82+1.5%Dec 19 9:30 AM EST

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To: John Hull who wrote (172684)1/30/2003 10:12:34 PM
From: carl a. mehr  Read Replies (1) of 186894
 
John,
Has the cat got your tongue?

I see that lawyer Dunlap exercised 192,000 shares of Intel at $5.71 a share on 2002-01-18 and 192,000 shares of Intel at $4.195 a share on 2001-04-20. These same shares were sold the same day that they were exercised. On 2002-01-18 they brought $33.87 per share and on 2001-04-20 they brought $31.939 per share.

For holding 384,000 shares of Intel for less than a day, the brilliant attorney for Intel Thomas F. Dunlap collected $10,733,567

This money was gleefully contributed from Intel share holders earnings by re-purchasing Intel shares on the open market.

For now allow me to ask you:

Besides paying a common lawyer a fabulous yearly salary it is strange that the Intel shareholders should give Mr. Dunlop $10,733,567 from the meager Intel share holder earnings.

If a non-technical person like Dunlop gets this kind of a bonus, then certainly Paul Engel and Tim May and people near Amy J. must have received bonuses far greater, would you not think that to be the case?

Maybe I got it all wrong. As a non-technical person your "stock option" shares are probably in the same league as the attorney? Your answer please...humble carl
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