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To: Wink who wrote (15376)	5/6/1998 2:45:00 PM
From: JIN CHUN	Read Replies (2) \| Respond to of 27968

Wink, I don't think that it is that black and white. From the figures thrown on the thread by Ira, it sounds as if the total outstanding shares would be about what it would have been given the ATXI deal( don't remember what that was). I personally get the feeling that the warrants would be issued per current shares held, or to some ratio, but that it wouldn't allow the total outstanding to be that large. Still, it would be nice to get more details concerning the whole proposal. Jin.

To: Wink who wrote (15376)	5/6/1998 3:05:00 PM
From: Leroyt	Read Replies (1) \| Respond to of 27968

"All in all it doesn't sound too risky for the shareholder, as long as the warrant proceeds are used to reduce the float!" In other words, buy high (i.e. reduce the float) sell low (issue warrants)! NOT sound investing advice. The proceeds from the warrants would need to be used for other purposes than repurchaing shares to make ANY sense! later, .......