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Technology Stocks : INTXA - Interiors Inc. Internet Store

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To: Sandra who wrote (12)1/18/1999 7:13:00 PM
From: Richaaard  Read Replies (1) of 186
 
wonder why the common did nothing today

That's a real good question that I don't know the answer to. I would have thought that it might get dragged along with the preferred stock, but that could happen next week. I wonder if many of the INTXA shareholders are even aware. If nothing else this whole scenario is interesting. If the present price of the preferred holds we will probably see the warrants called within the next 20 days.

Do you, or anyone, know the particulars on the preferred stock? It looks like there is a dividend (cash or common stock) that goes with them, or is part of the conversion.

Richard
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