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Technology Stocks : WAVX Anyone? -- Ignore unavailable to you. Want to Upgrade?

To: cpa who wrote (3516)	8/4/1998 10:19:00 AM
From: andrew peterson	Read Replies (1) \| Respond to of 11417

I believe that Alladin owned shares of WAVX before they exercised the recent warrant -- if they still have shares on the books, I'd guess that's what they are. Looks to me like they exercised the warrants just to boost the quarter's profits. As far as WAVX is concerned, I don't think that's a big problem. I don't think it reflects much, other than Alladin's need for bucks -- we've just had to absorb the new shares, which we've done reasonably well. BTW, where do you see the 2,000,000 shares on the sheet? Could you walk me through the calculation? Thanks.