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To: Johanna K. Stiesmeyer who wrote (482)	5/15/1998 9:15:00 AM
From: SEAN007	Read Replies (1) \| Respond to of 6847

CEO up next on CNBC

To: Johanna K. Stiesmeyer who wrote (482)	5/15/1998 9:17:00 AM
From: Carolyn S.	Respond to of 6847

Here's a link to a message where I attempt to explain the warrants, and also include links to someone else's message that contains links to the SEC information about them. Message 4461703 Carolyn S.

To: Johanna K. Stiesmeyer who wrote (482)	5/15/1998 9:18:00 AM
From: Secret_Agent_Man	Read Replies (3) \| Respond to of 6847

To: Mr. BIGGS (309 ) From: Byron Glenn Thursday, May 14 1998 11:50AM ET Reply # of 486 OUTSTANDING WARRANTS: At December 31, 1997, outstanding warrants pursuant to the IPO were 2,415,000 and outstanding warrants pursuant to the conversion of the November 1996 Debentures and the April 1997 Debentures were 1,431,427. These 3,846,427 warrants originally entitle the holder to purchase one share of the Company's Common Stock at an exercise price of $9.00 and expire on July 17, 1999. These warrants contain anti-dilution provisions that, upon issuance of the Series A Preferred Stock and the Series B Preferred Stock, have adjusted the number of shares that can be purchased with one warrant to $1.19, resulting in an effective exercise price of $7.55, and 4,583,402 shares that would be issued upon full conversion of the warrants.