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Technology Stocks : Digital Lava Inc. (DGV)

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To: clarence wills who wrote (134)3/24/1999 2:47:00 PM
From: ayahuasca  Read Replies (2) of 343
 
The strike price is $9. So right now the warrants are assuming a price of approx 11 3/8 for DGV. I am banking on DGV being much higher than that in at least the next 12 months (the exercise date for the warrants is far enough way). Consequently I am holding the warrants. Just a small position at this point as I watch this thing trade. If I become convinced that there isnt anyhing strange going on I will add more. (I am concerned with the lack of price movement recently, given the volume, interest, and small float. I lightened my load when DGV didnt take off the way it should have. I like the company though and will continue to hold a small position).
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