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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Joe Copia who wrote (733)4/7/1998 10:46:00 PM
From: john david martin   of 25711
 
Joe I'm confused on warrant conversion when you say redeemable at 140%.All I want to know is 1 warrant plus how many $ (is it 7.50) entitles me to one share of common. If it is 7.50 isn't the warrant within 2 1/2 points of being in the money, common at $5.
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