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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: scott who wrote (44402)	1/8/1998 11:08:00 AM
From: Charles Skeen	Respond to of 186894

Re: <<<Any chance Intel will extend exercise date of warrants?>>> Why should they? No reason at all, as far as I can see. They have no choice but to sell new shares at a fixed price, so they might as well get it over with. Perhaps they can then use the proceeds to buy back some of the stock and reduce the dilution. Charlie. (PS. I have not researched the fine print underlying the warrants, so my quick opinion assumes there is nothing unusual in the terms.)