Superconductor Technologies : SCON Message Board

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Technology Stocks : Superconductor Technologies : SCON

SCON 2.500

+10.1%

Sep 7 5:00 PM EST

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To: shrtslr who wrote (604)	3/2/2000 4:24:00 PM
From: HEP_Ronin	Read Replies (1) of 903

I would be willing to bet money, (and am since I'm long both SCON and USM), that they will take delivery on all 500 filters. Receipt of the warrants is, as I recall, contingent on USM taking the optional orders, so that your post just reinforces the notion that USM will take delivery of all 500. When the deal was made the value of SCON stock was only $3, therefor the warrants were not worth anything unless the stock price would appreciate. Obviously nobody thought that the stock-price would rocket the way that it did. Otherwise, why set the strike-price at $4? Why not set it at, say, $20. SCON has had a run of good luck as far as the stock-price goes which strengthens the company tremendously -- one byproduct being that they'll get the 500 orders. But, as I stated in an earlier post, it should really get exciting if/when SCON gets another order from a second customer.

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