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Technology Stocks : General Lithography -- Ignore unavailable to you. Want to Upgrade?


To: Volsi Mimir who wrote (858)3/5/1998 1:59:00 PM
From: Artslaw  Read Replies (1) | Respond to of 1305
 
Two reasons: the Intel warrant was already cheaper than the Intel common stock, so when they fall the same number of points, the Intel warrent always decreases a larger percentage. Additionally, the Intel warrant expires on the 14th -- the time premium is evaporating regardless of the underlying bad news.

Steve