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

To: christopher who wrote (100)	11/25/1997 9:51:00 PM
From: kolo55	Respond to of 1916

Take a look at Nam Tai warrants guys. They just starting trading today under the symbol NTAWF; Nam Tai trades as NTAIF. The warrants exercise price is 20.40, and the expiration is 2000, unless the warrant is called early. The stock is trading about 16 1/2, and they should earn $1.60+ per share next year. If the stock goes over 25.50, the warrants can be called and must be redeemed early. Today the warrants traded at 3. This is a complicated transaction, and a prospectus has just been released on the issuance. There is an active thread on Nam Tai on SI. good luck, Paul