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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?

To: royco who wrote (15123)	12/27/1997 12:35:00 AM
From: Sonny McWilliams	Read Replies (2) \| Respond to of 27012

Royco, it does not matter how high Intel goes if you convert. The conversion price is the same. About 21 1/2 per share. It is not dependend on the stock price. Now if it goes up and you sell the warrant in order to buy the stock, that is a diff. story. But would you really complain if you had to pay taxes on 85 instead of 70? gg. I am converting mine to stock, without selling, if I have enough money left. Sonny

To: royco who wrote (15123)	12/27/1997 10:34:00 AM
From: Stonehenge	Respond to of 27012

Hi Royco, good to hear from you. Every piece of anecdotal evidence points to incredible sales for intc. All the growth at cpq and dell has got to be positive for us not withsanding the price cuts that are obvious. You are right about 1998 I hope. Yaacov said that many of the fund managers in Europe were very positive about next year so we must keep the faith. We really have no other choice but to sell at this ridiculous fire sale price(when we ought to be buying more which I did at 77.5 recently-a little too early I guess) and we are pretty smart guys so why wold we resort to something stupid like that...right? Amat, nvls, klac, ter, fsii all look dirt cheap here. Oil services have gotten murdered. Look at esv and nbr. I have no money and margin debt is up to 50% so no more guts for this boy. Take care and have a great holiday season.