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Technology Stocks : Intel Corporation (INTC)
INTC 40.78+0.7%3:59 PM EST

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To: Craig Schilling who wrote (48430)2/22/1998 2:40:00 PM
From: Paul Engel  Read Replies (1) of 186894
 
Craig - Re: ".. what effect all of us who currently hold INTCW's will have on the stock price."

I would guess that "arbitrage" players will keep the warrants in line close to the stock price, less $20.875.

As for stock splits - I think you are anticipating that a little soon.

Intel generally gets well above $100/share before the board splits the stock. This time, there are enough authorized shares to invoke a 2-for-1 split without shareholder approval (for creating new shares).

Paul
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