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


To: LAWRENCE C. who wrote (126)4/10/1998 11:59:00 AM
From: Gerald L. Kerr  Read Replies (2) | Respond to of 4761
 
>>If the price gets close to $10 after 13 Jan., 1999, you might want to convert some to actual shares if you think the stock will continue upward.<<

If I were a big guy with lots of warrants, that might make sense.

As a small player, if I wanted to own the stock instead of the warrants I would simply sell the warrants through E*Trade and buy the stock through E*Trade, thereby avoiding the hassle of any paperwork.

The only thing extra this would cost me would be the commission on the sale of the warrants and the commission on the purchase of the shares...peanuts.

Gerry

p.s. I don't anticipate becoming a long-term investor in IFLY anyway, so in my case conversion is not an issue.