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Technology Stocks : Intel Corporation (INTC)
INTC 34.50-2.9%2:52 PM EST
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To: Thomas M. who wrote (51336)3/26/1998 11:00:00 AM
From: Jim McMannis  Read Replies (2) of 186894
 
Tom,
That makes sense. Announce a stock buyback to prop up the stock while the new CEO sells stock. Expect more insider selling.

"Among the most noteworthy recent sellers were executives at
Intel Corp.
Company insiders, including President Craig Barrett, who hasn't
sold since
1993, according to CDA/Investnet, sold stock weeks before a
March 4
earnings warning from the bellwether semiconductor maker that
rocked
financial markets."

Jim
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