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Technology Stocks : IFLY - travel sales on the web pure play

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To: Pete who wrote (59)4/9/1998 4:57:00 PM
From: Rajiv  Read Replies (3) of 4761
 
There is no discount for IFLYW.

IFLYW are warrants for IFLY - conversion at 6.25

Today's closing quote
IFLY - 6.96875
IFLYW - 1.03125

The premium of IFLY over the conversion price is 0.71875 whereas
IFLYW is trading at 1.03125 - the difference can be justified
because of greater liquidity and greater % gains for speculators.

Regards.
Rajiv
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