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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (81207)	5/26/2000 5:25:00 PM
From: double-plus-good	Read Replies (1) of 132070

Michael, i'm curious as to what funny business might take place in the next week's run-up to the exercise date of the ligand warrants. i had to dip in today for my first third and went the warrant route for now. I seem to remember being in another warrant situation that played kind of kinky in the last week. Will there be some folks short the common and looking to pick up cheap warrants prior to next saturday? And if there is some kind of arb situation likely will that create an "artificial" price dip in which one might profitably establish a full position? thanks for your thoughts on this one. also if you have any insights into freeport FCX and their various preferred classes i'd be keen to hear them. ++

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