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Biotech / Medical : Texas Biotech (TXB) -- Ignore unavailable to you. Want to Upgrade?

To: Dave Baker who wrote (569)	2/17/1998 6:49:00 PM
From: Joe Senesac	Read Replies (2) \| Respond to of 834

Again, take a look at the warrants. 80% increase in 3 days of trading! One could have bought at 5/8 or 11/16 last Wednesday still, I believe. Today they closed at 1 3/16. The latest announcements and action in TXB make TXB.WS even more of a steal. The probability of the stock trading above $8.50 (approximate exercise price) went up dramatically the last few days. Above that price the warrants will increase in price almost linearly with the common stock. And, only about 4 million warrants outstanding. Sorry to harp about the warrants again, but it seems that this is where the real money is to be made on this stock!