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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

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To: Guy. who wrote (3446)6/17/2003 3:35:57 PM
From: Crossy  Read Replies (1) of 37387
 
Guy,
don't forget the $100m contract is to come on TOP OF LAST year's improved revenue intake. At $2.50 some warrants (2m) from Boeing will convert and provde the company additional $5m conversion money, if the trigger price can be reached..

Plus don't forget that the government transport board gave a nod by 2:1 vote to provide WLDA with a LOAN GUARANTEE. Just the terms (warrants !) need to be finalized. The higher WLDA climbs, the better the terms will be.

Future is assured IMHO, just the fine print needs to be clarified..

all the best
CROSSY
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