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To: Susan Saline who wrote (14415)	5/26/1998 2:25:00 PM
From: Nemer	Read Replies (2) \| Respond to of 53068

Susie: I just came home for a moment and checked SI and the market. hope you find the following helpful in answer to your question bout warrants ---- ...... as a general rule, before the cops come to your house or workplace to "take you in" there has been issued , a warrant........ these instruments usually come from the D A 's office and frequently are issued by a judge, and, depending upon the severity of the crime can be served by armed officers with un-pleasant demeanor and very businesslike manners...... BTW ----- Happy Anniversary to Marilyn Happy Anniversary to me Dang, she's been a lucky gal to be blessed with me for these fleeting years........... we've had 36 blissful years together ------ I had 33 of them and she's had 3 ...... non concurrent.... VBZG Regards ---Nemer

To: Susan Saline who wrote (14415)	5/26/1998 6:57:00 PM
From: Sam Ferguson	Read Replies (1) \| Respond to of 53068

Sue warrants are a type option to exchange for common stock at a predetermined price in a specified time. They are usually used as a means of incentive the buy the common and a method of paying the broker for taking it public. When the time expires you must purchase the common or lose most of the value of the warrant. If the warrahnt will not add to the revenue they will usually are extended or reduce the redemption price. It is cheaper way to raise capital without the expense of a new issue.