Medjet - Check it out (MDJT) Message Board

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Technology Stocks : Medjet - Check it out (MDJT)

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To: Richard N. Neel who wrote ()	2/9/1997 5:56:00 PM
From: Randy Elder	of 34

I too am a big fan of Medjet and think that its technology is very promising (and I was lucky enough to get in on the IPO at $5.60). I'm curious, though about the process that leads you to say that the warrants are a good deal. From my reading of the prospectus, I assumed that their value would be capped near the three dollar range, given that the company has the right to recall the warrants when the bid is $13 for ten days in a row (with thirty days grace from that point). A huge block (~25,000 warrants) traded the other day for $2.75/warrant (I might be off by a few cere), so someone else agrees with you. Please fill me in on what I'm missing. P.S. I like this stock so much that I convinced my extremely risk-averse wife to pick some up for her I.R.A., so I'm in deep s**t if my optimism is misplaced.

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