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Microcap & Penny Stocks : Microvision (MVIS)
MVIS 0.850-1.3%Dec 30 3:59 PM EST

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To: kili who wrote (601)10/16/1997 1:05:00 AM
From: Jack Phillips   of 7720
 
The comparative future expected returns from purchasing the stock v purchasing the warrants is complicated given the usual option most (US) investors would have of purchasing the stock on margin, thereby increasing the potential expected "return" - negative and positive - from purchasing the stock, whereas I believe (I may be wrong) it is a lot harder to buy the warrants on margin.
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