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Technology Stocks : Osicom(FIBR) -- Ignore unavailable to you. Want to Upgrade?


To: Robert Gordon who wrote (4697)1/24/1998 12:41:00 PM
From: craig crawford  Respond to of 10479
 
<< But after all who is going to loan us the money? It is clear to me that Coast believes our stock will be worth something in a couple years or they would have never agreed >>

Ah, ah, ah, not so fast. I don't recall reading that "Coast" has to wait a couple of years to exercise their warrants. In fact the impression I got was that they had a couple of years and then they would expire. The exercise price was quite low so I WOULDN'T BE SURPRISED IF THEY HAVEN'T ALREADY BEEN EXERCISED.