SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?


To: Dom B. who wrote (17996)3/2/1998 1:46:00 AM
From: Sonny McWilliams  Read Replies (2) | Respond to of 27012
 
Dom. I don't see a short squeeze. Yes, the conversion of the warrants to the stock has been taken into consideration by Intel for some time. There is stock available for that purpose. The question of that poster was if there is no more warrants and only Intel stock from now on, would that propel the stock upwards. He figured if there were no more warrants, there would be a run on Intel since there would be only half the shares available. gg. It got confusing answering it. I personally believe that there could be a slight down turn for Intel if a lot of the warrants are sold instead of being converted. If you don't convert you will sell and that constitutes a sale of Intel. ;) I think it would diminish the cash position of Intel to a tiny extent. But then maybe not. gg. But in any case the conversion will not make the stock more valuable.

Sonny