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Microcap & Penny Stocks : NEOTHERAPEUTICS (NEOT) (NEOTW)
NEOT 1.919+4.3%Jan 17 4:00 PM EST

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To: mmeggs who wrote (616)1/5/1999 10:23:00 AM
From: David M. Evans  Read Replies (1) of 705
 
>> Am I missing something? Are you saying the warrants would top out at 11 because that is all you expect out of the stock near-term, or were you talking a longer-term top? <<

No, you're probably not missing anything <g> Our fellow correspondents were indulging in some over-exuberance with regard to the warrant price, IMHO.

The warrants are a trifle under-priced at the moment, but the disparity is less than a buck ...

As the stock approaches the exercise price (~$21) the Warrants will be worth ~ $11. If the stock continues beyond 21, the warrants should follow it dollar for dollar

David E
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