Socket Communications (SCKT) Message Board

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Microcap & Penny Stocks : Socket Communications (SCKT)

SCKT 1.085

-1.4%

10:31 AM EST

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To: GARY P GROBBEL who wrote (523)	11/16/1999 4:16:00 PM
From: J L Segal	Read Replies (1) of 932

The warrants are trading quite a bit below par: here's my post: ragingbull.com I just received a voice mail from Dave Dunlap. The exercise price per warrant is $8.40, and you get 4-1/4 shares - making your total cost per share $1.97 plus a bit less than 1/4 the current price of the warrant. In other words, right now, if you were to buy a warrant at the close, $1.10, then exercise, your total cost per share would be only $2.23. Not bad, considering the stock closed more than 1/4 point higher - plus, you still have 7 months time value! JL

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