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Microcap & Penny Stocks : Socket Communications (SCKT) -- Ignore unavailable to you. Want to Upgrade?

To: interesting man who wrote (515)11/13/1999 11:08:00 AM
From: J L Segal  Read Replies (1) | Respond to of 932
 
Thanks. So, if you look at the warrants like options, you'd basically
consider the 'option price' as 1/4 the price of the warrant (since you're getting 4 shares vs. 1)
with a strike of appx. $2 (since you pay $8 to convert to 4 shares)?
At yesterday's close, that's not even a 1/4 point premium - with 7 months 'til expiration.
Hmmmm.....not a bad gamble, considering the explosive potential.

JL


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