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Technology Stocks : Stock Swap -- Ignore unavailable to you. Want to Upgrade?


To: Robert F. Newton who wrote (12524)3/2/1998 5:56:00 PM
From: SE  Respond to of 17305
 
Yeah, I am going to watch from the sideline. The number of warrants vs. the total outstanding shares has me a bit worried so I will watch. Don't think the action will be quite as dramatic as with BNGO's call, so I am not planning on shorting. At the completion of the call, I may buy the stock for the bounce. We shall see....all depends upon how it goes. One thing for sure, some people are about to be hurt no matter what impact the warrant dilution will have etc....the stock will drop some anyway. I see a quick haircut coming on the warrants....buyer beware.

-Scott