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Non-Tech : Any Stock Warrants -- Ignore unavailable to you. Want to Upgrade?

To: Richard Babusek who wrote (88)	11/24/1997 2:03:00 PM
From: taxikid	Read Replies (1) \| Respond to of 1916

cannot cover shorts by buying wts- although it would or could be a hedge it is like insuring a blackjack when the dealer shows a 6- unnec. and a losing bet- taxi

To: Richard Babusek who wrote (88)	11/24/1997 11:23:00 PM
From: John F. Poteraske	Read Replies (1) \| Respond to of 1916

Richard-I haven't been following bngow like I used to. I have briefly read thru some of the posts etc. Maybe you can me bring me more up to date. I guess the question is what is going on with the warrants etc. after the company had called the warrants. Im not sure if investors were disappointed with most recent earnings or if you feel that the stock is being played by the shorts. Maybe the sec should require a stock not being able to be shorted when the company is in the process of calling it's warrants. Also I believe some questions concerning dilution and how the warrants should be accounted for? Enjoyed reading the most recent posts-sure seems like it is a great play for the shorts that feel a warrant redemption was coming. Also read about how company had timed the redemption incorrectly. A lot of opinions. JP