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Technology Stocks : Arch Communications

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To: John Anderfuren who wrote (42)3/1/2000 3:33:00 PM
From: MangoBoy  Read Replies (2) of 64
 
To all,

Why are the warrants are trading at such a discount to the common? APGRW strike price of $9.03 + $2.50 = $11.53 vs. APGR at $14.50/share. Is there something about the warrants or their conversion terms that makes them unattractive?

Thanks,
Mark
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