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To: Richard F Hanover who wrote (34)1/16/1997 10:59:00 PM
From: Gorak Shep   of 78
 
Richard,

1) I don't know why the warrants were originally issued. It was several years ago and I wasn't paying attention then.

2) I think you mean the strike would be around 14 given a 3 for 1 split, not the step-up. Might Intel issue a second warrant? Not sure how this would be related to the split. I don't see any reason why they would issue another warrant. I don't think it would be dependent on the existing warrants but don't take my word for it.
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