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Technology Stocks : How high will Microsoft fly?
MSFT 483.03+0.5%Dec 5 3:59 PM EST
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To: rudedog who wrote (44037)5/1/2000 3:48:00 PM
From: Gerald Walls   of 74651
 
Second, she says that MSFT can close the put warrants with cash or stock. Exactly how would that work? I have a put warrant from MSFT which allows me to put stock to the company at a specified price.

As speculated about here several hundred posts ago, you'd turn in your 100 shares and receive the strike price-worth of shares in return. Price of 60, strike of 80, you turn in 100 shares and get back 133.
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