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Technology Stocks : IFLY - travel sales on the web pure play -- Ignore unavailable to you. Want to Upgrade?

To: Rajiv who wrote (100)4/10/1998 10:50:00 AM
From: LAWRENCE C.  Read Replies (2) | Respond to of 4761
 
I agree with Rajiv that IFLYW is at a premium.
IFLYW = IFLY - 0.625 + 0.xx
Part of the price depends on the price of IFLY. Part depends on the supply and demand for the warrants and anticipation of when IFLY will hit $10 and close above it. If investors or speculators believe $10 will happen soon the warrants will jump more quickly. If they believe it is further off, there will be less demand.
Lucky Lawrence



To: Rajiv who wrote (100)4/10/1998 1:26:00 PM
From: Andrew H  Respond to of 4761
 
Rajiv, this is basically my view of the situation. I think the logic is basically sound. Of course the market is not always entirely logical...


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