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Biotech / Medical : Genomic Solutions-naz{GNSL}

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To: smh who wrote (49)2/3/2001 7:30:58 PM
From: smh  Read Replies (1) of 93
 
Tuck,

My last post was incomplete, if not misleading. The following is where we stand at the close on 2/2/01.

The 30 day moving average is $6.49. Closing price on Friday is $7.69. The current floor is $6.75.

The PKI exercise price is the higher of

1) 120% of 6.49 = 7.79
2) 120% of 7.69 = 9.23
3) current floor = 6.75

This should be the low for #1, which makes #3 irrelevant, and #2 could go anywhere on any given day.

SMH
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