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Technology Stocks : BETTER ON-LINE SOLUTIONS--BOSCF
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To: Cary C who wrote (222)10/6/1997 7:04:00 PM
From: Andrew H   of 898
 
Cary, sorry about prescient. (:>) I think we should not tease IN about his spelling though, since he is not amused. This is a pretty compex explanation for warrants and could confuse almost anybody. But basically, it just says they are callable when the stock trades above a certain price for a certain time period. If anyone were dumb enough not to exercise these warrants or trade them, they would only get a paltry .25/warrant for redemption when the warrants would be worth at least 4.60 by the time they could be called.
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