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 34.72-2.3%Nov 17 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dakota Sullivan who wrote (49093)3/1/1998 8:40:00 PM
From: Barry A. Watzman  Read Replies (1) of 186894
 
I think that the total float of INTCW was about 40 million shares about 8-10 months ago (it's doubtless much less now, many have already been converted).

I don't expect any significant impact, Intel itself has been treating these as if 100% will be converted for some time (years), because they have been so far "in the money". Shares to do the actual conversion are already reserved. I don't think that the market will see an impact either, 40 million shares is insignificant in terms of the 1.6 BILLION share capitalization.
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