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

To: billwot who wrote (46789)1/31/1998 10:57:00 AM
From: James Howell  Read Replies (1) | Respond to of 186894
 
billwot:

The price to exercise the warrants is 20.875

intel.com

Jim



To: billwot who wrote (46789)1/31/1998 4:18:00 PM
From: Barry A. Watzman  Read Replies (1) | Respond to of 186894
 
The warrant conversion price for INTCW is $20.875 per warrant, exactly; this means that you give Intel (through your broker)the warrant plus $20.875, and in return you receive one share of Intel stock (Intc). The deadline for conversion is 3/13/98, however the warrants (INTCW) will cease trading on the NASDAQ on 3/10/98.

If, as billwot claimed, his broker "doesn't know anything about this", he should get a new broker (literally, really).


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