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

To: Paul Fiondella who wrote (76190)	3/11/1999 2:54:00 PM
From: John Hull	Read Replies (3) \| Respond to of 186894

Paul, to answer your questions, 1 - I can have money taken out of my checks to go to a retirement program - Intel doesn't do any matching to those contributions, BUT, there is profit sharing (and there are profits) which also goes into same retirement account. There's a multi-year vesting schedule on those company contributions, so you've got to stick around to get them. But again, there's no direct matching. 2 - Stock purchase program does allow you to have $ withheld from your checks and put toward buying stock. This is a great program as it allows you to buy at the lower of the beginning price or the ending price over a six month period (but not in between, so you're really getting the best of two individual days' prices. They then take 15% off that lower price. This really is a great deal, but the amount of your checks you can direct to this (as a %) is pretty limited. Wish it were bigger. 3 - don't think this happens. all the options I've received have been issued at the average stock price on the day of issue. might also be worth mentioning that I've never had any of my options repriced (thankfully, they've never needed it).