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Technology Stocks : INTCW
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To: rd who wrote (28)1/15/1997 6:38:00 PM
From: Gorak Shep   of 78
 
When INTC splits, the "obvious" will happen to INTCW: you will have twice as many shares, the price will drop by a factor of 2, the strike will drop by a factor of 2, and the step up in Mar would divide by 2 except for that fact that the step will happen before the split since the split must be approved at the annual meeting in May.
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