Intel Corp (INTC)

[Golfbum]

when i was at intel the spp offered 15% off the lower of the start date or end date stock price for the period. the periods were six months in length.

the amount you could purchase was limited to what you had deducted from your gross through the period. iirc, it was limited to 10% of your gross...maybe it was less.

you had the option of taking delivery of the stock or having it sold for you rather than taking delivery. i usually held.

it was an easy way to make 15% on the amount withheld but i was always surprised to see the percentage of employees taking advantage of it was well less than 100%. the percentage was occasionally discussed at various business meetings.

gb