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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (2349)	6/19/1999 8:12:00 PM
From: surelock	Read Replies (1) \| Respond to of 19428

> I would presume however, that not much of the warrants are left unexercised. Zeev, It would be interesting to find out the number, as I tend to disagree, simply because except for a spike in '97, the warrants have spent a good portion of the last few years being at or out of the money. It was only on this latest run over $20 that warrant holders were strongly motivated to exercise. Furthermore, astute investors who understood the warrant call terms probably suspected the company would attempt to force the warrant holders hand, and were waiting for the required run to $24+. Speculation on my part, but my guess is a large number of unexercised warrants.