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: LAWRENCE C. who wrote (2994)	12/30/1998 7:30:00 AM
From: John Martin	Read Replies (2) of 4761

LL, Keep in mind that it is in the company's best interest to call the warrants when they know that they know the common won't fall below the conversion price. If there where to happen, there goes all of the $$$ that they wanted/needed. Yes warrants are risky just like options. If you want to make hugh gains, you have to be willing to withstand painfull drops too. Did you notice that the warrants are trading dollar for dollar? John

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