SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : INTC
INTC 40.03-1.3%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Frodo Baxter who wrote (164)4/11/1997 8:28:00 AM
From: Jules B. Garfunkel   of 990
 
Lawrence,
Your, "They now have an obligation outstanding of 7.5 million warrants for $1.0 billion. 1.5 million will expire worthless in April, and I figured that that was an obligation of about $.1 billion. So, ballpark estimates of 6 million puts at an obligation of $.9 billion, or $150."

Which Warrants are you talking about here? I am under the impression that Intel's Warrants are already calculated in the number of shares outstanding, as of a year ago. Therefore, the Intel Warrants have already had a diluted effect on the stock and should have no further impact to Intel going forward. I also do not understand your "1.5 million will expire worthless". Are we talking about the same Warrants here?, the Intel Warrants? How do you come up with "an obligation of $.9 billion or $150? I don't know what you are trying to say here.???????
Jules
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext