Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.81

+0.2%

3:59 PM EST

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To: NewsTrader who wrote (67095)	10/20/1998 4:58:00 PM
From: NITT	Read Replies (2) of 186894

re: "Craig Barrett registered to sell 700,000 shares of common stock on October 16" I don't know for a fact, but it sounds like Craig has some stock options expiring now or in the near future. There is no buy and hold benefit if they are "non-qualified" options since he would be subject to regular income tax on any gain (Which in the case of expiring intel options it's over $55M. People should not obsess over insiders selling expiring stock options. His only other choices would be to come up with $25M in cash to pay uncle sam and the states, or he could let the option expire. I vote for same day sale and go back to work driving the value of intel up, up, up. JMO Nitt

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