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Biotech / Medical : Diacrin Intl. (DCRN)

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To: ACrump who wrote (1)6/20/1997 7:57:00 AM
From: r. peter Dale   of 13
 
A. Crump: I'm still here - just very tardy (and busy). I've not yet contacted the company but will try to soon. I would be very interested in discussing warrants with you - I'm invested in quite a few.

In addition to analyzing the overlying Companies, how do establish the relative value of a warrant? I've seen the warrant calculators on the web (for example: numa.com ) but I feel I need more background. Would you mind sharing your 'short list'? What's your opinion of Ariad Pharmaceuticals warrants (ARIAW) and Aid Auto Store Warrants (AIDAW - not biotech). I find the spread on the Diacrin warrants prohibitive.

Best wishes,
Peter
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