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


To: Tim J. Flick who wrote (12619)3/15/1998 11:35:00 PM
From: Captain Nemo  Read Replies (1) | Respond to of 31646
 
Thanks for the reply.

Let me explain further why I'm still not clear on this issue...granted mom said I had a thick skull...but stick with me here!

It is still 5 weeks or so away from the time the warrants are called. The warrants are marginable above 5. If the price of the stock rises to 11 or 12 I would think the warrants would rise to a value 3.5 below the common stock price. The percentage return on the investment would be greater versus the change in the common stock's return if the warrants were sold and not converted. Is this correct? I'm still a novice and learning about the use of warrants. Thanks for your patience.

Captain Nemo