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Non-Tech : Ontro (ONTR) -- Ignore unavailable to you. Want to Upgrade?


To: Mike Winn who wrote (29)5/14/1998 12:14:00 AM
From: Mahin M. Samada  Read Replies (1) | Respond to of 46
 
So imagine this scenario:

The stock is trading at $14.25 at time X and the company decides to call the warrants.

You have the warrants that you bought for $2 each today, or you could've bought the stock for $6/share. Say $600. So you have 300 warrants or 100 shares.

So back to time X, the warrants would have real value of $1800 ($14.25 - $8.25 * 300)

The stock would be worth $1425.

With the warrants you make $1200, with stock you make $825.

So if you have any confidence in Ontro, you buy the warrants!

anybody have a different opinion?

m.