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

To: NITT who wrote (67107)	10/20/1998 10:02:00 PM
From: Mike Morley	Respond to of 186894

If he has options that are Incentive Stock Options (ISO's), he has to sell enough to cover the Alternative Minimum Tax. That could run about 40%. Ugly. Mike

To: NITT who wrote (67107)	10/22/1998 1:40:00 AM
From: Doug M.	Read Replies (1) \| Respond to of 186894

Nitt, you're right about Barrett having options expiring soon - in a few months actually. This was confirmed by Chuck Malloy who is an Intel spokesman in an article released by Bloomberg earlier today. You probably saw the post listed on this thread just after the close today. Anyway, I sure would like to know if these options were NQSO, or non qualified stock options. I can understand why he would sell to meet his tax obligations if they were NQSO. However, if they were qualified, I would like to see the CEO of Intel hold on to the shares for the future capital gains they should deliver. I'm hoping for significant gains, why shouldn't he!! I'm sure we can all buy some neat things with the money we have in INTC, but most of us are refraining from doing that. Let's try to figure out if these were non qualified. Any help would be appreciated. Doug