IFLY - travel sales on the web pure play Message Board

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

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To: Secret_Agent_Man who wrote (137)	4/10/1998 1:15:00 PM
From: Rajiv	Read Replies (3) of 4761

Byron, The price of the warrants on Monday will be totally dependent on IFLY. IFLY will set the pace and IFLYW will follow. If IFLY > 6.25 IFLYW = IFLY - 6.25 + 0.xx The 0.xx (premium) is currently 0.31 If IFLY moves up by a point, I would expect IFLYW to move up by almost a point (my guess is somewhere between 0.95 and 1 point). You will still have 100% gains on your warrants. The premium will keep decreasing if IFLY keeps moving up even higher. Regards, Rajiv

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