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

To: John Hull who wrote (76197)	3/11/1999 3:02:00 PM
From: Gerald Walls	Respond to of 186894

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. This is becoming more and more common. The company for which I work does this too, except on a quarterly basis.

To: John Hull who wrote (76197)	3/11/1999 3:35:00 PM
From: Paul Fiondella	Respond to of 186894

Thanks John for the excellent explanation Intel's employee stock plan is similar to many in the tech industry. It's a very good plan and if I were an employee I would participate.

To: John Hull who wrote (76197)	3/11/1999 3:42:00 PM
From: vegetarian	Read Replies (1) \| Respond to of 186894

>>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).<< May not happen to all employees, but look at some big fishes: biz.yahoo.com In this insider trading stat you can see options exercised at $3 and up. It is very likely that they have their options at a hugely discounted exercise price.