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Technology Stocks : Intel Corporation (INTC)
INTC 50.59+4.9%Feb 6 9:30 AM EST
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To: Barry Grossman who wrote (22487)5/20/1997 4:14:00 PM
From: Diamond Jim   of 186894
 
Downside to INTCW is that if the market tanks, you need to come up with the cash to convert those W's into the stock or lose it all. With an expiration date of March '98, the market could stay bearish long enough to make your life miserable...where as if you buy INTC you get less but can hold it until the bear awakes.

I know cause I was nervous when I bought 300 INTCW in Nov of 95, so glad I sold them at 34.25(May 96) and took the $279 profit, cause why would I want the $27,000 profit they would be worth today, I learned a very expensive lesson. I cringe every day that INTC does well.
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