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To: FloridaGatorMike who wrote (4107)4/22/1998 7:14:00 PM
From: paulbk  Respond to of 6654
 
Mike
A warrant is an instrument that would be be convertible to com-
mon stock under certain conditions, by a given date. Warrants can
also trade on their own just like stock. Sample offer from WOTD-say-
1 warrant convertible to 5 shares common WOTD on 1/1/00 for every 100
shares cvia.That was purely a hypothetical example. I have no idea
what the real offer will be if indeed it ever comes. regards,p.b.