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Technology Stocks : Spectrasite Holdings Wts
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To: John Anderfuren who wrote (13)9/30/2005 2:09:29 PM
From: Joseph Ziebarth  Read Replies (1) of 15
 
Sold my 22 shares of SPCSW today for $145. Actually, I am confused a little. When AMT offer of $132 was part of the merger package I thought I would recieve the cash and the shares would be taken from the account. Yesterday I was going to buy STV and found that the shares were still in my account and only valued at the higher value.

My confusion is how to value warrents on a company that no longer exists but are being traded on the OBB.

Anyway $500 is now $3000 cash in the account. Certainly not a high roller trade but a good result in a long and interesting series of events to Spectrasite. The cell tower least continues to be paid like clockwork for the next 5 years.
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