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Strategies & Market Trends : From the Trading Desk

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To: steve goldman who wrote (4221)	2/19/1999 10:17:00 PM
From: Curbstone	Read Replies (1) of 4969

Steve, Trading on INTXA (Interiors) was halted late today while an announcement was made that all warrants would be redeemed as of March 20. After the shock wore off and I was able to figure out what it meant, I was left with a few lingering questions. Why was trading halted? What is the significance of this event? And lastly, is redeeming all warrants generally viewed as a positive or negative event? Mahalo, Mike

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