Intel Corporation (INTC) Message Board

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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: Robert G. Bianchi who wrote (6110)	12/12/1996 12:51:00 AM
From: john o	of 186894

<<I thought that Andy exercised the option and sold the stock.>> I don't know. I'm assumed the price to exercise was not cheap and he sold enough to cover the cost of exercising. I could be wrong because that's a lot of money. >>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?>> My understanding (but I'm not an accountant) is that the gain in the stock option is taxable as income in the year of exercise (This may only be the case in high tax brackets where people are subject to AMT). If anyone knows, you might comment. I'll ask my accountant in March when I do my taxes.

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