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Biotech / Medical : ACMI - Accumed Inc. -- Ignore unavailable to you. Want to Upgrade?


To: george who wrote (838)12/31/1997 3:24:00 PM
From: Dana Winrow  Respond to of 1894
 
George has requested more information about the warrants:

The warrants can be exercised at 3 1/8. After the stock is purchased, it can indeed be sold immediately on the open market if it is covered by a registration statement. The registration statement has been filed but is not presently effective; we expect it to be in effect in advance of the warrants becoming in the money.

Q: Do you have any idea why there is so much bearish pressure on the stock other than tax loss selling?

A: No, I do not. Sorry. ;-)