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Biotech / Medical : ARIAD Pharmaceuticals
ARIA 23.990.0%Feb 17 4:00 PM EST
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To: Ken Hays who wrote (80)5/13/1997 2:57:00 PM
From: Boyce Burge   of 4474
 
Warrants can only be redeemed under certain conditions...I believe ARIA (the stock) has to trade at 30% above the strike price for 30 days before Ariad can redeem. So the warrants would be worth at least $5 at that point.
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