E4L, Inc. (NYSE: ETV) Message Board

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Non-Tech : E4L, Inc. (NYSE: ETV)

ETV 13.90

+1.3%

Nov 21 4:00 PM EST

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To: Todd D. Wiener who wrote (193)	8/6/1997 6:48:00 PM
From: John Arnopp	of 1080

>But if SFE has inside info. on NM, I wonder if they can > buy/sell/exercise anything. I don't think so. Interesting, because that may mean they would never be able to exercise their warrants. I don't know the details, or how warrants generally work, but I would think if they were given for some sort of management service, Safeguard would be able to exercise them when it was beneficial to them. Perhaps they would be required to file with the SEC prior to doing so? We'll see what tomorrow brings. --John

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