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

To: SEMIHH who wrote (54790)	4/29/1998 7:46:00 PM
From: Francis Chow	Read Replies (1) \| Respond to of 186894

Hi Steve, where do you get your info. I sometimes check out insidetrader.com, but it is not as well presented as this . . .

To: SEMIHH who wrote (54790)	4/29/1998 8:01:00 PM
From: Diamond Jim	Read Replies (1) \| Respond to of 186894

For what its worth, One of those was mentioned here already. techstocks.com It would be nice to hear from John Hall on this. If the 2nd half of 98 is looking good, why are insiders selling or is this a normal volume and occurrence jim

To: SEMIHH who wrote (54790)	4/29/1998 8:15:00 PM
From: stock bull	Read Replies (2) \| Respond to of 186894

<<INTC OFFICER/DIRECTOR SELL OUT....>> Semihh, what the hell is going on??? Where did you get this formation? With this type of selling going on, I must conclude that the future outlook for Intel isn't very favorable. Is there any news that would justify such selling? News like options are coming due, sending kids to college (joke), or ??? Sure hope we aren't being setup by the recent announcements that things would improve in the second half of this year. First the FTC is going to sue, and now major shareholders who are company officers are selling large blocks of stock. I sure don't see any good in all this. Stock Bull

To: SEMIHH who wrote (54790)	4/29/1998 9:16:00 PM
From: Steve Porter	Read Replies (2) \| Respond to of 186894

SEMIHH, the total is as follows: $63,740,230.00 at the reported prices.. not small, but not huge considering Intel's market cap. They guy selling $44M worth is probably starting his own operation.. the rest of them don't catch me as too large. Steve PS.. someone mentioned that divends were payable on the 28th or april.. that makes things a little more interesting.. it will be interesting to see what is reported this week.. if another say $50M-$75M goes through this week (on top of the other $63M) I would start to get worried.. Or if say Andy dumped a %hitload of shares ;-)

To: SEMIHH who wrote (54790)	4/29/1998 10:26:00 PM
From: Elmer	Read Replies (2) \| Respond to of 186894

<INTC OFFICER/DIRECTOR SELL OUT...> What you probably don't realize is that options mature, and they also expire. It is most likely these officers are exercising their options because if they don't, the options expire and become worthless. All in mid - late April, must be expiration date is near. EP

To: SEMIHH who wrote (54790)	4/29/1998 10:41:00 PM
From: dmf	Read Replies (1) \| Respond to of 186894

The Proxy Statement included in Intel's 1997 Annual Report shows the "Security Ownership of Certain Beneficial Owners and Management" and will give you the number of shares of common stock beneficially owned at February 28, 1998 (page 17). You can see that the number of shares being sold is a fraction of the total amount any individual holds and that Yu, Otellini, and Parker received addiitional individual option grants in the last fiscal year, 224,000 to 232,000 each (page 15). The news you present is interesting but far from devastating. Check it out. I imagine you've sold off bigger percentages of your holdings at one time or another. dmf

To: SEMIHH who wrote (54790)	4/29/1998 11:06:00 PM
From: VICTORIA GATE, MD	Respond to of 186894

SEMIHH Arthur Rock, Director 6,420,544 sold 600,000 Just like you only sold 93 shares out of 1000 shares Why keep 5,820,544 shares while he knew intel will go to hell re<the stock pays .03 sh dividend to holders of record on 4/29/98...they couldn't even wait for that !!! > Who care about .03 sh dividend with $ 513,643,520 ps may be Tom K :-) vg

To: SEMIHH who wrote (54790)	4/30/1998 2:23:00 AM
From: NITT	Respond to of 186894

SEMIHH RE "INTC OFFICER/DIRECTOR SELL OUT...." Yes, it is stock option season at Intel and you will notice that other than Arthur Rock, all sales went through ML, the company that now handles Intel's employee stock option program. This does not mean that all of the options were expiring, but I would bet most were. If those option were not ISOs per IRS rules, then even if they were purchased and held the gain would be subject to regular income tax that must be withheld by Intel (and paid by the employee if he/she chooses to buy and hold). If they were ISOs, the AMT bill that would be due next year could be huge depending on income levels, and in some cases you can end up paying more taxes when combining AMT and long term capital gains then if you just pay regular income tax... yeah it doesn't sound fair but then again we are talking about the government. I would not read too much into this considering the additional holdings most of the insiders have... but then again guys like Kurlak will have a ball with stuff like this and so will a few of the trade rag writers who love sensational headlines. Regards, Nitt