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Technology Stocks : IFLYW the IFLY-warrants, a REAL VALUE PLAY

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To: john david martin who wrote (127)4/29/1998 8:41:00 AM
From: LAWRENCE C.  Read Replies (2) of 171
 
Good call on the common. As the commons climb any premium for the warrants tends toward 0.
Since the warrants had been trading at a premium they did not go up as much.
I agree high on warrants in 3 - 3 1/2 range is possible today or near term.
High on common of 10 - 10 1/2 is possible today or near term. Would be nice to set a new high today. Harder to figure want will happen on the low side. Next milestone is 10 1/2. Setting a new high over 10 was bullish!!!
Hope we base above 8 1/2 for a runup today.
Lucky Lawrence
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