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Technology Stocks : Lightpath Technologies: LPTH New WDM player -- Ignore unavailable to you. Want to Upgrade?


To: Condor who wrote (527)1/15/2000 12:26:00 PM
From: PartyTime  Read Replies (1) | Respond to of 1219
 
Each Z warrant guarantees you one common share which you can purchase at a set price. So if the commons are selling for $20, you can exchange your Z warrant and buy the commons at the set price of the Z exchange. This is in addition to what you originally paid for the Z, so you have to factor this in as well.