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Technology Stocks : OLED Universal Display Corp

OLED 116.95

+1.5%

Dec 19 9:30 AM EST

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To: david weinstein who wrote (28)	10/8/1997 12:05:00 PM
From: david weinstein	of 29720

A correction of a previous post re: warrants. Warrants for 1.1 million shares were just exercised not by the officers but by people who had received them in connection with private placements of company stock. Although the float has increased from 8.9 million to 10 million shares, the company got in excess of $3 million cash and has enough cash for several years of operation. The exercise of the warrants has relieved overhead supply and the stock is on the move.

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