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Pastimes : son of T/FIF

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To: LLCF who wrote (104)	8/26/1999 7:50:00 PM
From: John Metcalf	Read Replies (2) of 673

Thanks for the comments, DAK. Does the call provision in TTP_t warrants effect your calculation in any way? In looking briefly at the warrant terms in the 10-K, they seemed to be callable if the stock price averages $9.10 for a month or so. Does this call provision increase the risk of holding the warrants while the stock is at a level that could cause the warrants to be called?

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