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Non-Tech : Caribbean Cigar Co. (CIGR,CIGRW) Trendy stock -- Ignore unavailable to you. Want to Upgrade?

To: jpbp who wrote (104)	11/20/1997 5:35:00 PM
From: Linda Kaplan	Respond to of 136

John, Whatever they are they sure got plenty of attention today. Up on huge volume while the stock was tumbling. I traded them once, myself, during the day today, but for now I'm standing aside. Why should they be going up when the stock is turning to dust? If there's no good reason, they'll be tumbling in price after the stock. Linda

To: jpbp who wrote (104)	11/21/1997 9:33:00 AM
From: Linda Kaplan	Respond to of 136

John, Even though SOME people have chosen not to share info with everyone, on the boards, (some of the same people who were pushing this stock all over the boards not that long ago), I'll be glad to tell you what I know about the warrants. They're convertible one share of warrant for one share of the common stock at $7. I don't know if they are callable. They expire on 7/30/99. What that means is if this stock isn't at more than $7, they will expire worthless on the expiration date. Linda

To: jpbp who wrote (104)	11/21/1997 10:19:00 AM
From: Linda Kaplan	Respond to of 136

John, I just hope the people who were frantically buying the warrants yesterday bothered to find out what they were buying. If they can't sell the warrants off, they either have to pay $7 for the CIGR stock before the expiration date, or they will expire worthless. For them to become really valuable in price, the stock should be well over $7. For example, if the stock is $9 and it's far from expiration date, people might pay $2 or more for the warrants, but there is a time premium. The further from expiration, the more the warrants are worth, for the advantage of there being more time for the stock to go up in price. But right now we have a stock at about 1-3/4, which is a far distance from the $7+ it would need to be for the warrants to be worth anything. Linda

To: jpbp who wrote (104)	11/21/1997 1:10:00 PM
From: Benjamin Hong	Read Replies (1) \| Respond to of 136

jpbp Sorry take so long to respond. I was busy yesterday and today so far. You know I get full time job here. Another reason for the delay is that I have only remote memory about the warrant, 3 years expiration from the initial offering (from June 1996) date, exercise price somewhere between $7-$9. So I went back to verify the information, but I can't find the right information quick. It is better not post anything rather than give you guys something wrong, isn't it? Thanks Linda to give the information. There were some heavy trading at the end of October for CIGRW before the tumble of CIGR: somebody knew something before us? Ben