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Biotech / Medical : ARIAD Pharmaceuticals
ARIA 23.990.0%Feb 17 4:00 PM EST

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To: John Metcalf who wrote (79)5/11/1997 11:36:00 PM
From: Ken Hays   of 4474
 
John;

Thanks. I also found the expiration date for the warrants on the
Ariad web page. ariad.com

John, if the warrants are priced at fifty cents and they are called for
redemption. Is that what you would get from the company, 50 cents?
That doesn't seem right. What do they mean by "subject to earlier redemption"?

Ken
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