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.

Non-Tech : Any Stock Warrants -- Ignore unavailable to you. Want to Upgrade?

To: Chartgod who wrote (244)	4/14/1998 2:44:00 PM
From: Chartgod	Respond to of 1916

AMENW ?? Anyone know the strike price? <eom>

To: Chartgod who wrote (244)	4/15/1998 6:38:00 PM
From: Richaaard	Respond to of 1916

The IZZIW story sounds similar to the JMARW one. The warrants were extended, with a caveat. The old warrants need to be exchanged within a given time period for the new ones. Anyone asleep at the wheel could get burned if they hold onto them. Do you read it that way? Richard

To: Chartgod who wrote (244)	4/15/1998 9:21:00 PM
From: Richaaard	Read Replies (3) \| Respond to of 1916

This IZZIW conversion raises some questions that appears to have hit the stock price today. If one buys warrants now, are they buying the old ones or the new ones? It would seem to me as though the stock symbol would have to change to differentiate between the two types. If anyone gets to the bottom of it, please post it here. Anyone who thinks that the old ones would naturally die after the conversion date, think again. They could be dead but still be traded until the NASD steps in. Old Discovery Zone stock (ZONEQ) was bought and sold for 2-3 weeks after their termination, until the NASD finally stepped in. People were actually buying and selling dead stock.