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Technology Stocks : INTCW
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To: jmac who wrote (6)12/18/1996 1:25:00 PM
From: Alan A. Ioffredo   of 78
 
Keep in mind that owning intcw gives you leverage on the downside just as it does on the upside.

In other words, you'll do better price percentage wise on a dollar move up in Intel stock; you will do worse on a dollar move down on Intel stock.

I may be wrong, but I believe that if you convert your intcw to common ownership, that you defer your cap gain or loss until a common sale is transacted. Let me know if anyone believes differently.
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