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To: Goutam who wrote (17960)	11/6/2000 9:05:37 PM
From: chuckles58	Read Replies (1) \| Respond to of 275872

VA Linux (LNUX) warns & drops 42%, guess who sold in October? INTC! INTC, a 10% beneficial owner which would mean around 5 million sh., sold 852,500 sh. in October for $28.8 million (avg. of $33.87/ sh.), according to Yahoo insider sales link below: biz.yahoo.com Looks like they sold just in time. Intel's remaining holdings in LNUX took a beating today! It dropped $12 5/8 to $17 3/8. Too bad they didn't see the warning coming, they could have unloaded some of their stock ... oh yeah, never mind. We might peek back in a few days to see if any more sold 11/1 - 11/3. Notice they waited until after September (hint 3Q00). Don't expect them to sell any more for a while as it may make it hard to reach their 4Q capital gain goal. They were carrying it at about $250 per share (per the link you posted a month or two ago.) OTOH, I imagine the $250 included unrealized gain as of that date, so their basis is probably pretty low, so who knows, they may even show a profit on those sales. BTW the opening price on its IPO was $188. Back to my lurking. CB OT - Please vote, and if you vote for Al Gore, please only vote once. (I liked that one from W.)

To: Goutam who wrote (17960)	11/6/2000 9:26:35 PM
From: tejek	Read Replies (1) \| Respond to of 275872

Very true. It was mostly due to the sale of Micron shares. They did time the sale of Micron shares pretty well. I think selling Micron shares was more to do with getting back at the company, rather than the market timing. Nonetheless, they did very well that quarter. I don't think they have that many high quality (high volume, easy to liquidate, high gain, no restrictions) securities left this time. Goutama, I don't understand why you think the benefits from this division will end soon. I haven't look at it as closely as you have but when I did look, a good portion of the stock they held was thru participation deals with new startups like ANCR. As I understand it, it works much like with employment options....they get the stocks at a low price and then sell the shares fairly high. As long as there are startups, I have got to believe this will be a lucrative business for Intel. ted

To: Goutam who wrote (17960)	11/8/2000 2:35:29 AM
From: Paul Engel	Read Replies (2) \| Respond to of 275872

Re: "But Intel had pretty good timing in " Here's some more "good timing" !! Intel sold 170,000 shares of GlobeSpan last Friday - November 3 - before today's $17 price drop !!! My God how the money rolls in !!! newsalert.com Intel Prepares To Sell 170,000 GlobeSpan Shares (INTC,GSPN) Jump to first matched term (NewsTraders.com)-- Chip giant Intel (INTC) submitted its intentions to cash in 170,000 shares of GlobeSpan (GSPN), a prospective transaction that would generate roughly $12.5 million in gross proceeds. Merrill Lynch was named as the agent to handle the stock's disposition, a transaction Intel slated for Nov. 3, according to a Form 144 filing released today. GlobeSpan, which specializes in integrated circuits for DSL applications, currently has about 70.6 million shares outstanding. In recent market activity, shares of Red Bank, N.J.-based GlobeSpan plunged $17.69, or 26.3%, to $50.13. Of note, a Form 144 only shows a filer's intent to sell the shares. Actual verification of the sales, if and when they occur, would be provided in a subsequent filing. Copyright 2000 NewsTraders Inc. All Rights Reserved 16:10 Tuesday, November 07, 2000