Intel Corp (INTC)

[Koog]

After a bit of digging, more info on the Krzanich stock dumpage.

Google informed Intel of the problems in June. That's when the information originated with him.

Krzanich (he no longer deserves a letter acronym for his name) set up his 10b5-1 plan on October 30. No, this was not some long-standing stock divesture plan.

Krzanich then started selling weeks later in November, eventually selling every share he owned or had exercisable options on except a small (for him) amount he is REQUIRED to hold by his employment contract.

I mentioned shareholder class action suits before as a possibility. I think that's a sure thing now.

Additionally, SEC action may be probable.

I unloaded more INTC today. More as I can unload them. This will destroy Intel's server market share. Not to mention whatever goodwill it had.

I am livid. This sure isn't ASG's Intel any more.