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Technology Stocks : SYQUEST
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To: Joe Reich who wrote (2963)6/5/1997 1:04:00 PM
From: Dale Stempson   of 7685
 
Joe, I'm not certain why you thought they were floor prices and not cap prices. I stated in my post 2940:

>>>PerryA, Here's some info regarding those recent preferred shares and the warrants that went with them:

The cap on the conversion of the preferred is $2.3438

The cap on the excercise of the warrants is $3.0469<<<

and then in my post 2945:

>>>PerryA, I'm not certain about the floor or how it works.<<<

Perhaps I don't understand your question.

Regards - Dale
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