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Technology Stocks : Intel Corporation (INTC)
INTC 34.32-1.2%3:59 PM EST
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To: Gersh Avery who wrote (51277)3/25/1998 11:19:00 PM
From: TTOSBT  Read Replies (1) of 186894
 
Gersh, Re: "I think that I read on the Intel site that they were going to purchase the last 20 million shares for the INTCW conversion during this quarter.

But, of course, they shipped out 78 million shares for the converted INTCW. About two weeks ago."

I guess your saying there are an additional 58 million shares added to INTC outstanding ? and with lower earnings. No wonder the PE and EPS are not in parity. This is more than just earnings hit.

TTOSBT
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