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Technology Stocks : NUKO INFORMATION SYSTEMS

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To: songw who wrote (3368)	12/12/1997 1:08:00 PM
From: Thomas Scharf	Read Replies (1) of 3509

Where am I wrong? Each 10 shares of nuko gets warrants to buy 1.5 shares of cyoe @$5.00. Based on the price of cyoe of $6.625 at the time I ran the calculation, there is a built-in profit of $6.625 - $5.00 or 1.625 per share of cyoe. The math goes (6.625 - 5.00) * 1.5 / 10 = 0.24375

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