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Re: Elmer Phud post# 3617

Tuesday, 01/21/2003 9:53:37 PM

Tuesday, January 21, 2003 9:53:37 PM

Post# of 151805
Elmer: I gotta agree with UAK. It is one thing to exercise options. It is another thing entirely to sell every last one of 'em. Not exactly a vote of confidence for the near-term share price. He could just as easily have exercised the options and held the shares. Shoot, I would understand if he sold enough shares to cover the exercise costs and taxes. But no. He sold every last share. With the exception of remaining options, that leaves Otellini with practically no position in Intel - only a few thousand shares. What kind of message does that send to shareholders?

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