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: SkyDart who wrote (2669)	12/1/1998 8:15:00 AM
From: John Martin	Read Replies (1) of 4761

Warrants are nearly identical to options/leaps except they are against new stock yet to be issued. Options are sold against existing stock. When warrants are converted, it will raise the # of shares outstand by the number of warrants. Like options, warrants provide alot of leverage. I too experienced the success of warrants w/ BNGO which I made approx 800% over a 2 month period. I got in yesterday on IFLYW.

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