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Tuesday, January 21, 2003 10:56:40 PM
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?
The only message I see here is that tonight just isn't your night. You are wrong again. Mr Ottelini still holds hundreds of thousands of shares of Intel stock and millions of unexercised options.
http://biz.yahoo.com/t/53/3489.html
This link says he held 388,413 shares as of 12-27-03.
http://biz.yahoo.com/ft/030121/1042491012110_1.html
Mr Otellini exercised options on 1m shares at $3.41 each. He sold 900,000 shares in two lots on January 16 and 17, for about $15.2m, netting a profit of about $11.8m.
He retains ownership of 393,000 shares and options on 3.5m shares.
Despite your claim, this link says he exercised 1 million options and sold 900K. It is clear that you are much more interested in bashing than doing a little simple reading.
Why not call it a night, get some sleep and perhaps tomorrow will be a better day for you.
EP
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