Any Stock Warrants Message Board

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Non-Tech : Any Stock Warrants

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To: John F. Poteraske who wrote (98)	11/25/1997 2:25:00 PM
From: Richard Babusek	Read Replies (2) of 1916

John, my reason for posting here is not related to BNGO other than by way of example. I'm more interested in the market mechanics. I don't want anyone to protect me, I'm just trying to understand what's happening, and what is specific to the mechanics of warrants. I thought of warrants like call options, although they are quite different in several respects, such as no benefit to the issuing company for a call, & the call duration, premium, & risk are known (within reason) in advance. Also any individual option represents a small relative % of the float of the underlying issue (I havn't seen options on companies the size of BNGO). Ricardo

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