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Technology Stocks : IFLY - travel sales on the web pure play
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To: JeffA who wrote (2851)12/23/1998 9:11:00 PM
From: Kevin  Read Replies (2) of 4761
 
Warrants Question - Please excuse my question, as I know many of you have assisted me much in the past. Being new to warrants I confuse easily. Anyway:

1. If the common goes to $20, which I believe it easily will, based on everything from gut feeling to what PVTL is doing, where can the warrants potentially end up?

2. If the common rockets northward will it affect the warrants differently than if it just trails northward over time? That is does momentum have a larger contributory effect on the warrants than on the common?

3. If IFLY "calls the warrants" what happens to the holders of them? Is it like having options called, that is we end up buying in at the contracted warrant price?

Thanks once again and Happy Holidayze!
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