All,
Has anyone noticed that the spread between INTC and INTCW has been narrowing lately. One would have expected, at this point in time that the spread would widened to approach $20.87. Yet, currently it is less than $1.00. I have for a long time thought that there could be a short squeeze as we approached March 98. From the way the Warrants are trading lately it looks that this may be the case. If so, it would appear that a strategy of holding onto the Warrants until the end, might be a good trade. However, if you do, remember that the last day of trading of INTCWs, must be done before March 10.
If you are interested in my thoughts on the Intel Warrants, I suggest you go back to around February, or March, of 1996 and review my posts on the SI, INTCW threads.
Jules |
