Lightpath Technologies: LPTH New WDM player Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Lightpath Technologies: LPTH New WDM player

LPTH 11.26

+10.2%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: campe who wrote (42)	6/6/1997 7:08:00 AM
From: craig crawford	of 1219

<< Quick questions on all the stock symbols. The way I understand it... One share of LPTHU = 1 share LPTHA + 1 share LPTHW + 1 share LPTHZ >> That is what I had understood as well. << If someone buys "U" shares, can they break them up and sell them individually or must they be sold as a unit? >> I think they are all seperately transferrable. << What was the purpose of creating the common, two warrants and the combined unit stock? >> I am probably not the best person to answer this but I think that the combining of warrants and class A common into a unit made the IPO more attractive. Also, the underwriter will say that this sets in place automatic financing for the future. If all of the warrants are exercised the company will receive over $60 million, eliminating the need for a secondary. << I gather you're into the common only. What kind of investment strategy do the warrants and unit play? >> At the time I was interested in making an investment in Lightpath I was most comfortable buying the class A. I have not ruled out the units/warrants however.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next