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Non-Tech : BJ's Restaurants Inc.
BJRI 34.69-3.1%Nov 6 3:59 PM EST
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To: Lhn5 who wrote (598)10/9/1999 6:44:00 PM
From: Robert T. Quasius   of 865
 
Comparing the risk versus reward of stock versus warrants, you have to consider the potential for the stock price to exceed $5-1/2 by mid-2002. At less than the strike price of $5-1/2, the warrants expire worthless.

Based upon the $1-3/4 stock price now, I think buying the warrants is very speculative right now. I hold mine only because my position isn't worth much, and there is a huge spread between the bid and ask.

Of course, if the stock price would run up to $3 or so in the next six months, we might see the warrant price revive somewhat. Wall Street is sure ignoring CHGO!
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