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Technology Stocks : Intel Corporation (INTC)
INTC 50.59+4.9%Feb 6 9:30 AM EST

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To: john o who wrote (6100)12/8/1996 7:57:00 PM
From: Robert G. Bianchi   of 186894
 
John, I am not sure if understand what was reported. I thought that Andy exercised the option and sold the stock.

Did Andy exercise the option, and keep the stock or did he sell it as I stated above?

The 39.6% rate you quoted above is the Income Tax Rate (thanks to the Clintons), does the stock option count as ordinary income or as Capital Gain?

Bob
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