SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : INTXA - Interiors Inc. Internet Store

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Luddrick M. James Jr. who wrote (101)2/19/1999 8:36:00 PM
From: Jon K.  Read Replies (2) of 186
 
>>So what does this mean for a poor old sap who bought 4000 INTXA @3.125???? <<

I think it means you'll be rich young man who will sell 4k @ $10 <gg>.

I look at it as transferring money from you left pocket to right pocket. If you're a warrants holder, you might not be happy though.

1. Since it was a company's option to call warrants, the company must felt it would be beneficial to call in at this point. I liked the call too.

2. The company will have a nice cashflow and hopefully use this to reduce debts, but more likely will acquire other companies and expand.

3. I don't think warrants holders will buy from the market, so the stock price won't be affected that much.

At any rate, I am comfortable with this news and will hold my 6k till $10.

cheers,

jon
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext