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Technology Stocks : JMAR Technologies(JMAR) -- Ignore unavailable to you. Want to Upgrade?

To: Richaaard who wrote (5046)	2/11/1998 6:58:00 PM
From: Bucky Katt	Respond to of 9695

Usually warrant holders get zip in a buyout. There are rare cases when they do get something. Untill we know what the new terms of the jmar warrants are, why rush to get in? Check out past news on ITSY, ITSYW and see how they corrected a "warrant" problem.

To: Richaaard who wrote (5046)	2/11/1998 8:15:00 PM
From: MRothaus1	Read Replies (3) \| Respond to of 9695

I'm hoping the company does what is in its best interest. If it needs money desperately, they should extend the warrants and lower the call price. If they want money eventually but can wait, they should raise the call price and potentially get more bang for the buck. Since the warrants are already in place, it seems like an efficient way to raise money. Personally, I hope the warrant call price is sufficiently over $5 because I believe there is some merit to the argument that the stock price is adversely affected when the price nears the warrant call price. More brokerage houses can recommend a stock that is over $5 and also a stock becomes marginable at $5. Isn't it dumb that there is a $5 rule? I could split IBM 100 - 1 and make its stock price $1...see my point?