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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: John Hull who wrote (125926)	1/24/2001 5:03:36 PM
From: Elmer	Read Replies (3) \| Respond to of 186894

Re: "you guys will never be happy when Craig, or any Intel exec, sells stock, will you? when the stock is high, somebody complains that the option exercises are a signal of over-value. when the stock is low, somebody complains that its unsupportive of the stock for the exec to sell. What I don't understand is why they ever sell. I'd exercise the options and just write CCs. Up to recently that wasn't a taxable event (AMT was due but it was refundable if you held on to the shares). Why do they like paying taxes? What's Gordon Moore got, 150 Million shares? He could write out of the money CCs for 1/16 a share and still pocket over 9 million a month. I hope he does and I hope every other major shareholder does as well. I've been doing it for years and I can't think of a reason why I'd sell. EP

To: John Hull who wrote (125926)	1/24/2001 5:13:23 PM
From: Hightechhooper	Read Replies (2) \| Respond to of 186894

John, I respectfully disagree with your assessment. I'm fine with Craig exercising in "normal" financial market and industry conditions. Because then there are many factors that can work to offset the psychological impact of executive sales. However, this is anything but a "normal" time. You know how important investor psychology is towards valuation and acts such as these during difficult times is not going work to repair broken sentiment. The constant fallback to the opinion that...."all we can due to maximize shareholder value is to run the business as best we can"...simply doesn't reflect reality. Just like INTC works to create perceived value by marketing the "INTEL INSIDE" brand image, INTC must also work to create perceived value to the fincial community. To me this includes things like a) not allowing Andy B. to go on CNBC and say things like "I can't try to control what the analysts think our stock price should be" or b) Craig selling options during a time of significant uncertaintly in the industry and in financial markets. Typcially, high profile executives buy stock during times such as these for the sole purpose of instilling investor confidence. As long as Craig goes around making decisions as if everything is "normal" it just demonstrates to me he is not in touch with reallity and it causes me to wonder if he really buys into Mr. Grove's philosophy regarding paranoia. It seems to me that INTC has lacked some of that recently and that may be part of the current problem. No disrespect intended but I believe my opion is not as niave as your response implied. Believe me, I pray every night that INTC can maximize the business opportunities before it, but I also pray that INTC will work hard to improve its image in the financial community. When a bunch of Analysts flock to support an arrogant, self absorbed, cronic liar like Jerry Sanders while they continually view your company's glass as half empty, you should recognize there is a big, big problem. This problem did not exist when Andy Grove was in charge. Good luck to all of us,