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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (87776)1/2/2001 2:42:40 PM
From: Tommaso  Read Replies (2) of 132070
 
The euro is up another cent. I thought about buying more warrants this morning; now they have jumped about a half point, or 10% nearly, from the day's low. The premium is still less than half what it was when they were first offered. Evidently there is doubt that this trend can continue. If the sentiment changes against the dollar, the premium could widen in addition to the increase in intrinsic value, if the increase occurs over the next 2-3 months.
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