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Technology Stocks : INTCW
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To: John Anderfuren who wrote (46)4/13/1997 10:03:00 PM
From: Dr. Bob   of 78
 
Question on INTCW: Don't LEAPs now offer the same concept of an Intel warrant, but with greater reward/risk possibilities? With Jan 99 LEAPs, one has the benefit of a longer time frame; with a higher strike price, one needs to use less cash to leverage each share; and one can always roll over to an even later date, if desired. Or stated more simply: is there now any reason to buy INTCW instead of LEAPs except for the risk of losing everything if one ends up out of the money (which can be avoided by picking a very low strike price, as the warrant has)? Am I missing anything here, before I go out and buy some LEAPs? Thanks! Bob
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