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

To: Tony Viola who wrote (47585)	2/10/1998 5:58:00 PM
From: Maverick	Respond to of 186894

Intel execs to sell big stock blocks Reuters Several of Intel Corp.'s top executives and directors filed papers with the Securities and Exchange Commission to sell big blocks of Intel stock, according to SEC filings in recent days. ''I wouldn't read too much into it,'' a spokesman for the Santa Clara-based semiconductor giant said Monday. ''There is a very narrow window of opportunity that a lot of these guys have to do any activities at all.'' According to filings, the biggest block of stock being sold is by Frank Gill, an executive vice president and head of Intel's small business and networking group. Gill filed to sell 390,664 shares, valued at $30 million at the time of filing. Leslie Vadasz, Intel's fourth employee, now a director and senior vice president in charge of business development, filed to sell 250,000 shares, valued at $20.4 million. Arthur Rock, a director and one of Intel's initial venture capitalists, filed to sell 58,000 Intel shares, with a value of $4.8 million. Max Palevsky, a retiring director, and Gerhard ''Gerry'' Parker, executive vice president and general manager of technology and manufacturing group, both filed to sell 50,000 shares, valued at $4 million. Intel's No. 2 executive, Craig Barrett, president and chief operating officer, filed to sell 100,000 shares, valued at $7.8 million. Vice President and Treasurer Arvind Sodhani filed to sell 25,500 shares valued at $1.9 million and director Charles Young filed to sell 3,000 shares at $237,937. Intel's stock closed at $85.81 in Nasdaq trading Monday, down $1.73.