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Technology Stocks : INTCW

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To: Jules B. Garfunkel who wrote (10)2/5/1997 10:26:00 PM
From: Joe Fang   of 78
 
Jules or anyone..could you help my with this

With the 7.5 point drop in Intel today...my father is
interested in adding to our Intel holdings. I have been trying
to get him to buy INTCW simply because you can buy more
INTCW per dollar than INTC. I know that in the end...one
still has to pay the extra 41.50/share to change them to
INTC shares.

Question is...as INTCW approaches expiration date...will it
see a sell-off due to people not wanting to convert to INTC
? My logic tells me that this is the only real problem
buying/holding INTCW but I could be wrong.

Thanks in advance,

Joe
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