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.

Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C) -- Ignore unavailable to you. Want to Upgrade?

To: BuyPenniesSellDollars who wrote (731)	3/22/1998 10:21:00 PM
From: Bearcatbob	Read Replies (1) \| Respond to of 2306

Welcome BPSD, Your name is too long to type. It amazing how many new SI participants show up on this thread. Let the party grow. Bob

To: BuyPenniesSellDollars who wrote (731)	3/22/1998 11:36:00 PM
From: Keith Minler	Respond to of 2306

Hey BPSD; That is the 64$ question. If you were sure that the warrants would be in the money, then you might want to follow Harley's advice and exercise at $0.32 you are paying a three cent premium plus any other cost if you purchased the rights. You would have to keep in mind that the rights have a short time horizon and it takes quite a few to by shares. You are also limited by how much capital you have on hand, you must pay up front for the shares that come with the rights, that is also true of the oversubscription rights. If the price remains low I suspect most players will watch for events to unfold after the land sale and try and pick up shares cheap before they take off. The other option is to buy shares now, and if the rights take off you can sell them. Unfortunately all of these scenarios are groping in the dark, I think for most of us we just have to ask ourselves if we feel lucky. In any event stay tuned, the game has just begun!! Later Keith