Ashton Technology (ASTN) Message Board

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Non-Tech : Ashton Technology (ASTN)

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To: dennis foster who wrote (181)	4/17/1999 8:47:00 PM
From: bob	Read Replies (2) of 4443

The warrants expire on 5/2/2002. They can be exercised by sending a warrant and $5.85 to trade for 1 share of Ashton stock. In actuality you'll probably sell the warrants to someone else and let them do the conversion. They are callable if the stock is over $6.75 for 20 days. That is at the option of the company-some call and some don't. If that happens, you'll get 25 cents for your warrant plus you will be forced to buy the stock at $5.85. The nice part is, the stock will likely be over $8.00 or more by the time you have to buy it for $5.85.

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