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Technology Stocks : Medjet - Check it out (MDJT)

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To: Richard N. Neel who wrote (2)2/11/1997 12:51:00 AM
From: Randy Elder   of 34
 
I'd appreciate any input I can get as to probable trading patterns on the warrants, as I have next to no knowledge in the area. BTW, my figure in my last post of $2.75 for the large block of warrants that sold last week was wrong - it went for $2.50 per. Still, I find it hard to believe that someone would put that much money on the line for the possibility of only about a 20% return.
I cetainly don't see your hopes of $10 or $11 as overly optimistic, unless you're talking very near term. Medjet's keratome technology seems like a huge advance over other methods of eye surgery, and there have been a number of glowing reports on it in trade journals. I'm sure reprints of these are available from the company if you haven't seen them - they're worth a look. Of course, one never knows what the future holds, so I intend to keep on paring my initial position until I've gotten back my initial investment and then hang on for the ride over the very long term. Good luck to you and I'm looking forward to hearing your friend's opinion.
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