Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: semiconeng who wrote (131826)	4/6/2001 4:03:56 PM
From: Joseph Pareti	Read Replies (2) \| Respond to of 186894

so things start shaping up ... Moore and Gates are giving out billions in charity; what are McNealy, Ellison and Torvald doing ? Who is the real 'dark side' ?

To: semiconeng who wrote (131826)	4/6/2001 4:13:22 PM
From: Saturn V	Respond to of 186894

Ref < Gordon Moore Trust Fund > Gordon Moore sold practically no Intel stock during the 30 years since Intel went public. Now that his shares are in a trust fund, most likely he no longer has any control over how the stock is handled. To fund the trust activities some Intel stock will have to be sold. Hopefully the trust is not going to start dumping huge chunks of Intel shares at this point in time. Bob Noyce, the other founder of Intel got divorced in the 70's ,and his wife got half his shares. She promptly dumped a huge chunk of Intel shares on the market, depressing the Intel stock for several months. In this Mama Bear market, a huge dump by Gordon's trust would be catastrophic for other Intel investors. Hopefully the trust exercises the necessary restraint to divest the holding gradually.