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Technology Stocks : Zi-Corp (ZICA), formerly MCUAF -- Ignore unavailable to you. Want to Upgrade?

To: Blair Magnus who wrote (1750)	11/25/1999 8:48:00 PM
From: John Stichnoth	Read Replies (1) \| Respond to of 2082

And another thing! :o) . . . I realized after that post that Zi probably has a steady stream coming in from a different source--There are something like 5.5 MM options and warrants outstanding at prices ranging from $2 to $8.75 (this from 1998 annual report). These are all in the money now. At an average price of maybe $4, that would provide $22MM once all options and warrants were exercised. That of course dilutes us a little, but it seems to be all the cash they'll need for the foreseeable future. Remember, the company can issue as many shares as they want. Best, JS