Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Ligand (LGND) Breakout! -- Ignore unavailable to you. Want to Upgrade?

To: John O'Neill who wrote (14208)	2/4/1998 3:32:00 PM
From: Flagrante Delictu	Respond to of 32384

John O'Neill, >>So if one buys LGNDW at $6 {current price } that entitles one to buy LGND at 13 1/2 by year 2000<< Not exactly. If you buy the warrant, you are entitled to buy the stock from LGND, if you turn in to them your warrant and $7.12. If you paid $6.00 for the warrant & gave that warrant plus $7.12 to the co. in return for LGND stock, your net cost of said LGND stock would amount to $13.12. You do not have to buy the stock from LGND for $7.12. You have the right to do so on any day from now until June 3, 2000. Bernie.