SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC)
INTC 35.53-1.1%Nov 14 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sonny McWilliams who wrote (49094)3/1/1998 3:48:00 PM
From: Dakota Sullivan  Read Replies (2) of 186894
 
Sonny, the issue of conversion costs is not what I'm getting at. Presently, there are, say, X shares of INTC outstanding and Y shares of INTCW. Gives us a total universe of X+Y total outstanding shares of some form of Intel. By the end of next week, there will only be X shares of Intel. No new shares are being created by the conversion. This shrinking universe should have the same effect as a buyback of Y shares unless I am missing something.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News