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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 36.20+0.1%Dec 26 9:30 AM EST

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To: FlyersFan who wrote (12759)11/4/1997 2:25:00 AM
From: Sonny McWilliams  Read Replies (1) of 27012
 
FlyersFAN. I have mostly Intel warrants. I had not noticed that the spread has been getting bigger. I will check on it though.

There is no way that you can get stuck with the warrants. When the time comes to convert you sent a pre-set amount for each warrant you convert. It does not matter if the warrant is 1 dollar, you still only send about 21 dollars for each Intel stock. Or you sell the warrants before expiration. I don't think you will lose money on the spread. There is always the slight possibility that the warrants may be prolonged.

Sonny
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