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

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To: Secret_Agent_Man who wrote (97)4/9/1998 11:47:00 PM
From: Logistics  Read Replies (2) of 4761
 
Comparison:

KTWO - 3 11/16
KTWOW - 21/32

STRIKE PRICE KTWOW - $7.50 - 2001

IFLY - 6 31/32
IFLYW - 1.03

STRIKE PRICE IFLYW - $6.25 - 2003

LOOKS LIKE COMPARATIVELY SPEAKING IFLYW IS WAY UNDERVALUED.

LOWER STRIKE PRICE - LARGER TIME PREMIUM - ALMOST DOUBLE COMMON!!!

Should be worth 2X KTWOW (21/32) = $1.30 plus factor in much more for $1.25 lower strike price and 2 years time premium that IFLYW's have.

Any thoughts?

JL
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