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

To: Longshot who wrote (49099)3/1/1998 6:59:00 PM
From: Sonny McWilliams  Read Replies (1) | Respond to of 186894
 
Erick. I see that XY has not answered yet. If you are a warrant holder and have bought the warrants on the open market there is no tax consequence when you convert. I am not quite sure what you mean by this holding period being set back. I think you will use the time and price when you bought the warrants and just add the 20.875 to it to get your base price when you sell.

Sonny



To: Longshot who wrote (49099)3/2/1998 3:28:00 PM
From: Alex Lenke  Read Replies (1) | Respond to of 186894
 
I am an investor relations manager at Intel. The main consequence of exercising is resetting of the holding period. (you are correct)
alex


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