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

To: brushwud who wrote (147117)	11/7/2001 5:52:02 PM
From: John Hull	Respond to of 186894

Brush, ESPP usually has dates in February and August for setting the price and distributing the shares. Formula is 15% below the lower of the start date price or the end date price. A pretty good deal really. The bad thing is that there are a variety of limitations on how much you can participate and some of those limits are based on the higher of the beginning and ending prices. I got maxed out way back when the stock was near $75 last year so I've been capped on my ability to participate for a while now. I think I can start up again next February. Of course, I'm not a company spokesperson and I've been out of the program long enough now that there may be policy changes I am unaware of. jh