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Non-Tech : Ashton Technology (ASTN)

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To: Rob W who wrote (1097)	5/18/1999 6:41:00 PM
From: M.R. Davis	Read Replies (1) of 4443

So where's the warrant call??? By my reckoning we've closed above $6.75 for the last 22 business days - so they could've called the warrants 2 days ago..... What gives? No warrant call? Makes the warrants very attractive.... they don't expire until 2002 but are carrying a premium of around $1.75... Usually I would expect warrants to have dropped their premium when they are this far "into the money" and be trading dollar for dollar on intrinsic value with near zero premium. Warrant holders are very bullish to be paying this premium - with no call who can blame them?!

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