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To: Lucky who wrote (804)	8/19/1998 2:33:00 PM
From: Gator	Read Replies (1) \| Respond to of 2640

I side with letting him keep the warrants. Warrants are traded on the major exchanges and are traded just like stocks. I would think that most of us think of them as stocks (since few of us are ever going to actually exercise the warrant). My initial intrepretation of the rules was that anything traded on the major exchanges was free game, mutual funds, bonds, and options would be excluded, since they are not traded on the major exchanges. I don't think he was violating the spirit of the competition by buying freely trading warrants. It could just as easily worked against him if the stock and warrant declined, then we wouldn't be having this conversation. Gator