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 37.89-0.1%Nov 12 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Steven J. Tomesko who wrote (49280)3/3/1998 10:33:00 PM
From: Sonny McWilliams  Read Replies (2) of 186894
 
Steve. Re: What did you convert your warrants to?

Is this a trick question? gg. My first impulse was to lie and say: To AMD stock. gg. But I will be honest and tell you the truth: I converted my Intel warrants to Intel stock.

Now your other questions are more like it. ;)

I basically think that it makes no difference to the stock price. Intel has been setting aside stock or money for this purpose for some time. I was kind of thinking if a lot of warrants are sold and not converted to Intel stock it could move the stock down a very small percentage probably not even worth mentioning. It could have the effect of someone selling the stock and the company having to buy it back. I think all this came up because someone thought that getting rid of the warrants would make the stock more valuable because there would be less shares outstanding. This of course is not the way these warrants work. Don't even consider this stuff if you are thinking of buying or selling Intel.

Sonny
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