PARANOID! TIRED OF TALKING TO YOURSELF? LET'S TALK(TTP) Message Board

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Biotech / Medical : PARANOID! TIRED OF TALKING TO YOURSELF? LET'S TALK(TTP)

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To: tnsaf who wrote (272)	1/22/1999 9:42:00 PM
From: LLCF	Read Replies (2) of 626

<The warrants can be called if the stock price is above a certain level for a specified length of time before the call. $9-$10 and 30 days come from memory,> I assume you mean they can "force conversion"... ie. they can't actually be "callable" right? Never heard of a callable warrant. The difference would be that if something is callable your profit is capped (ie. bonds callable @ 104 or whatever... your maximum gain is up to 104). If this thing opened one day @ $40, I believe your warrant would still be worth about $34 (40- the $6 strike price). DAK

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