INTEL- Money Making Option Ideas for Small Investors Message Board

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Technology Stocks : INTEL- Money Making Option Ideas for Small Investors

INTC 39.50

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Nov 3 3:59 PM EST

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To: IQBAL LATIF who wrote (42)	6/19/1997 2:25:00 AM
From: B Hamilton	of 201

From Intel's Site I went back to Intel's site and copied the posting here it is <<<The company's outstanding Common Stock and 1998 Step-Up Warrants will formally reflect the 2-for-1 stock split and trade on a post-split basis on July 14, 1997. Stockholders and warrant holders of record on June 10, 1997, will be entitled to one additional share or warrant for each share or warrant held on that date. The payment date, or the date on which new shares and new warrants will be mailed from the company's transfer agent, Harris Trust and Savings Bank, will be July 13, 1997. Following the split, each outstanding 1998 Step-Up Warrant will entitle the holder to buy one share of Intel Common Stock at $20.875, which is one-half of the per-share exercise price previously in effect for the period through March 14, 1998. >>> OK the payment date is July 13th anyway, I'm still not sure as to how this will work. Thanks again Brien Hamilton

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