Can anyone confirm the below information from the Inquirer?
Senior Intel executives buy millions of Intel shares
Do they know something we don't? Almost certainly, yes
By Cher Price: Thursday 28 November 2002, 11:27
FILINGS AT the Securities and Exchange Commissions site show a flurry of activity by Intel executives on INTC stock, on the 25th of November.
A heap of the senior suits got awarded stock options.
Andy Bryant, Intel's chief financial officer, exercised his stock options and acquired 528,852 shares on the 25th of November.
Robert J Baker, VP of the technology and marketing group, bought over 210,000 shares in Intel stock and paid the market price for the shares on that day, which was $20.23.
Sunlin Chou, the general manager of the technology and marketing group, bought over 260,000 shares at the market price.
Thomas Dunlap, the firm's pleader-in-chief, also acquired 260,000+ shares at the same market price.
Sean Maloney, the English executive VP of the Comms Group at Intel, bought over 529,000 shares at the market price.
Ron Smith bought over 260,000 shares in INTC.
Arvind Sodhani bought just under 200,000 shares.
Mike Splinter bought over half a million shares in Intel, paying the market price on the day.
And Les Vadasz, the president of Intel Capital, also bought shares – this time a sizeable 300,000 plus.
Something is afoot. These guys are showing great confidence in the Intel share price. The INTC share price closed on Wall Street last night at $20.90, modestly rising 3.47% on the day. µ
