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To: Investor2 who wrote (3066)1/25/1998 12:59:00 AM
From: wooden ships  Respond to of 42834
 
I2: What can be said? We "live in interesting times." Today's Barron's
had an item of possible interest to those who follow Intel Corp. In
Mr. Michael Santoli's "Striking Price" column, it was noted that
Intel announced that it has offered to buy back its call warrants
before their expiration on 13 March 1998. It was in 1993 that Intel
issued said warrants which (split-adjusted) allow the purchaser the
right to buy one share of INTC at $20 7/8. There are presently 80
million of these warrants outstanding, according to Barron's.

Santoli asks why Intel has entertained this buy back offer. Per Jon
Najarian of ONE financial, "they (Intel) think their stock might
rally." Adding fuel to this idea is the report that Goldman Sachs
"has been a voracious buyer of bullish Intel options on the AMEX."

Since the warrants presently trade at parity to the underlying stock
issue, Barron's advises long term holders to sell their warrants to
Intel and incur the favorable tax rate of 20% maximum rather than
convert the warrants to sellable shares. The capital gains on such
shares, having been sold, would be taxed at the ordinary income
tax rates.






To: Investor2 who wrote (3066)1/25/1998 11:14:00 AM
From: Bill Shepherd  Read Replies (1) | Respond to of 42834
 
RE: White House brings Ickes, Kantor ...
Speaking of Clinton circling the wagons and bringing in loyal allies...did anyone see James Carville on Meet the Press this morning? A more staunch ally could not be found! But pahleese, I find Mr. Carville on a par with Tammy Fae Baker <g> At the risk of offending all Southern readers of this thread, could someone explain to me "southern loyalty", because I just don't get it.

One more thought, which is off thread, but worth saying IMO...maybe it's time for a female president?? Any good candidates out there...that can run against Gore in 2000??? <GGG>



To: Investor2 who wrote (3066)1/25/1998 11:30:00 AM
From: Boca_PETE  Read Replies (3) | Respond to of 42834
 
I2:
I hope you are correct in your assessment that the resignation option is seriously picking up steam. This nation doesn't need another period of Nixon-era stonewalling leading up to a president resigning in disgrace. If the revalations are true, he should do us all a favor and get out fast in the best interest of the county !

Thanks to "His Slickness", respect for the office of the presidency is in shambles. All the hard work by post-Nixon presidents from both parties to restore world respect for the office has been reversed with the revalations of this past week and the Paula Jones procedings. How this man can face congress to do a "state of the nation" speech this coming tuesday is beyond me. How he can command the necessary respect and credibility with world leaders in the future is also beyond me. He IZ a total laughing stock - pathetic ! At a minimum, Hillary should talk to the cooks and have his food laced with Saltpeter.

Just my opinion.

P