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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: Mike who wrote (1027)	1/15/2003 5:36:29 PM
From: Sergio H	Respond to of 23958

Mike, thanks again for sharing your thoughts on MDCO with us. You hit on what's driving the stock. I haven't had an opportunity to do a work-up on valuation or to set a target price yet, but I'm enjoying the daily new highs for now.

To: Mike who wrote (1027)	1/15/2003 6:58:08 PM
From: Ken W	Respond to of 23958

Mike MDCO does not have warrants, but ENDP does. What an underlying warrant does is give you the right to buy the stock plus the cost of the warrant at a certain strike price. The warrant price follows in tandum with the stock price in nearly every case. I seldom excersise the for the stock, but do trade the warrant. The nice thing about warrants is that they are generally good for a long period of time rather than expiring every 3 weeks like an option. EDIT finance.yahoo.com Compare the two charts and see the potential % gain on the warrant compared to the % gain on the stock. Of course you have to buy a bunch of the warrants, but that is all a matter of units. Ken