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

To: Steven J. Tomesko who wrote (49280)	3/3/1998 8:13:00 PM
From: Nick	Read Replies (2) \| Respond to of 186894

Interesting Article: techweb.com Nick

To: Steven J. Tomesko who wrote (49280)	3/3/1998 10:33:00 PM
From: Sonny McWilliams	Read Replies (2) \| Respond to of 186894

Steve. Re: What did you convert your warrants to? Is this a trick question? gg. My first impulse was to lie and say: To AMD stock. gg. But I will be honest and tell you the truth: I converted my Intel warrants to Intel stock. Now your other questions are more like it. ;) I basically think that it makes no difference to the stock price. Intel has been setting aside stock or money for this purpose for some time. I was kind of thinking if a lot of warrants are sold and not converted to Intel stock it could move the stock down a very small percentage probably not even worth mentioning. It could have the effect of someone selling the stock and the company having to buy it back. I think all this came up because someone thought that getting rid of the warrants would make the stock more valuable because there would be less shares outstanding. This of course is not the way these warrants work. Don't even consider this stuff if you are thinking of buying or selling Intel. Sonny