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.

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

To: Andrew H who wrote (978)	5/4/1998 11:35:00 AM
From: LAWRENCE C.	Read Replies (1) \| Respond to of 4761

I appreciate everyone's analysis. IMHO I think we can help each other analyze more strongly by sharing our analysis. I agree that even with a glut the warrants would likely stay with .50-.75 of the IFLY-6.25. At this time I estimate a 75% probability that the warrants would stay within .50-.75 of the IFLY-6.25 even if there was a glut after the warrants are called. If the warrants were trading at a sufficient discount after being called, someone able to convert the warrants would likely buy them to take advantage of the leverage of the premium. Lucky Lawrence