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

To: NewsTrader who wrote (67095)	10/20/1998 11:23:00 AM
From: JDN	Read Replies (1) \| Respond to of 186894

Dear Newstrader: I dont like the sound of that. Anyone know why he is selling so much??? Sure shouldnt need that much to buy a new home?? JDN

To: NewsTrader who wrote (67095)	10/20/1998 12:35:00 PM
From: Paul Engel	Read Replies (1) \| Respond to of 186894

Newstrader - Re: "Craig Barrett registered to sell 700,000 shares of common stock on October 16..." Good for Craig. He has earned it. Paul

To: NewsTrader who wrote (67095)	10/20/1998 4:58:00 PM
From: NITT	Read Replies (2) \| Respond to of 186894

re: "Craig Barrett registered to sell 700,000 shares of common stock on October 16" I don't know for a fact, but it sounds like Craig has some stock options expiring now or in the near future. There is no buy and hold benefit if they are "non-qualified" options since he would be subject to regular income tax on any gain (Which in the case of expiring intel options it's over $55M. People should not obsess over insiders selling expiring stock options. His only other choices would be to come up with $25M in cash to pay uncle sam and the states, or he could let the option expire. I vote for same day sale and go back to work driving the value of intel up, up, up. JMO Nitt