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To: TobagoJack who wrote (4825)4/13/2000 3:01:00 AM
From: TobagoJack  Read Replies (1) | Respond to of 6018
 
Hello out there ... or am I alone on this thread, from grey ShiJiaZhuang. The news feed does not seem to stop on the bad news dept. Did you see that one of the largest holders of hikari tsushin filed for bankruptcy today? They will probably be selling the shares down some more. How many shares of 9984 do they have?



To: TobagoJack who wrote (4825)4/14/2000 1:59:00 PM
From: Netwit  Read Replies (1) | Respond to of 6018
 
Jay--I don't understand why sell the warrants rather than the underlying stock. Don't you have a fairly long period on the warrants for the underlying stock to recover and don't the warrants provide you with leverage? Can't you buy warrants covering the portfolio value of your shares with the result being that you have less at risk capital with the same upside potential?


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