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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: Mark B. Stutman who wrote (9149)1/21/1998 1:32:00 AM
From: Don Hutchinson  Read Replies (1) of 31646
 
I note this evening that the Warrants (TPROW - 2.125) and the stock (TPRO - 5.5625) are 3.4375 apart in price. When exercised, Tava will ask for $3.50/warrant. Sooooooo, for $2.125, you can be the proud owner of TPRO for less than half the price of TPRO and once you pay your $3.50 (sooooomeday, I trust we'll have to do this), your actual cost will only be $5.6875/share! In my mind, a very small premium to pay to get in for $2.125/shr.
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