JAWS Technologies - NASDAQ (NM):JAWZ Message Board

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Microcap & Penny Stocks : JAWS Technologies - NASDAQ (NM):JAWZ

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To: Walter Morton who wrote (1330)	12/3/1998 12:13:00 PM
From: eric deaver	of 3086

Walter two points: << in the near future >> Since it is a draw down account (for lack of a better word)what does get exercised will not hit the street all at once. The dilution will be easily trackable through 10Q filings - plenty of time to bail before the float hit anywhere near 50MM shares. <<there will be 50.1 million shares outstanding>> At this point it does not seem likely that the company will ever need to exercise the entire option so it is unlikely the shares outstanding will ever reach 50MM. Someplace over 9MM but not 50MM, IMO. Eric

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