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To: Jim McMannis who wrote (61611)7/31/1998 12:22:00 PM
From: Gary Ng  Read Replies (1) | Respond to of 186894
 
Jim, Re: I'd sure like to know what someone would sell 52% of their Intel holdings

My guess is that the manufacturing difficulties will
surprise us(negatively), your dream come true :-)

Gary



To: Jim McMannis who wrote (61611)7/31/1998 12:22:00 PM
From: NITT  Respond to of 186894
 
All,
re:"I'd sure like to know what someone would sell 52% of their Intel holdings. As you said, could be a number of underlying reasons."

One word... Taxes. These are probably options he receives as a director. The options expire, so he must exersize before expiration... unless he wants to donate the potential profits back to all the other Intel shareholders.

Let's not read too much into it.


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