SOLOMON-PAGE SYMBOL -SOLP- Message Board

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Non-Tech : SOLOMON-PAGE SYMBOL -SOLP-

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To: Shih Jen Liao who wrote (73)	8/5/1997 10:19:00 PM
From: Bill Driscoll	of 295

Not sure what the last trade means, but I bought some (more) today. Warrants have shown very little movement despite stock moving quickly from high $2s. Other company's warrants (PCTHW, VSEWF) seem very overpriced relative to conversion terms, yet SOLPW still seems very attractive at only $19/32 given earnings prospects, 2+yrs shelf life, and less than $1 from strike price. I do think there are quite a few warrants outstanding, so lack of movement may be symptomatic of supply/demand. That could change (hopefully) with great EPS tomorrow. PCTHW, for example trades at nearly $2 for the right to buy PCTH at $4.69 thru 2001. PCTH is currently $4. VSEWF gives right to buy at $6 thru 2000. VSEIF currently $6, VSEWF is $1 7/8. Go figure!

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