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Technology Stocks : IFLYW the IFLY-warrants, a REAL VALUE PLAY -- Ignore unavailable to you. Want to Upgrade?

To: SG who wrote (78)4/23/1998 2:03:00 AM
From: blankmind  Read Replies (3) | Respond to of 171
 
but the warrants only give you the right to purchase at 6 1/2. with ifly at 6 3/4, and iflyw at 1 3/4, you are looking at a hefty premium, for a warrant that does not carry any special privilege except for what price you can buy ifly at 6 1/2.

why pay this premium?



To: SG who wrote (78)4/23/1998 1:10:00 PM
From: LAWRENCE C.  Respond to of 171
 
I originally bought at 7/8 and am back in at 1 5/8. Trend down. If they do I'll load up. In case you haven't noticed the warrants haven't come down much. Most of the warrant holders are looking to make profits on their warrants. IMHO these warrants aren't likely to come down much. Do you want to sell your warrants at 1 5/8 or less? Most people have paid 1 9/16 or more and are prepared to hold onto them to make a profit.
Lucky Lawrence


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