LACI-Latin American Casinos Inc. Message Board

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Non-Tech : LACI-Latin American Casinos Inc.

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To: WallStBum who wrote (16)	9/26/1997 1:00:00 PM
From: EenieMeenie	of 54

Stephane and Mr. Bum, Can you let me know what you are looking for with the warrants. The warrants are cheap, but the exercise price is 7. With the stock at 1 and change I wonder why anyone would want to purchase them. If I wanted to buy the stock later on when it hits 7 couldn't I just make a trade then. I guess I have conceptual problem with warrants to understand why they would appreciate. Can you fill me in? Thanks Chris

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