Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year -- Ignore unavailable to you. Want to Upgrade?

To: dougjn who wrote (2152)	9/4/1998 3:32:00 PM
From: Chuzzlewit	Read Replies (1) \| Respond to of 4509

Yep! Here it is from the company's 10-Q POSSIBLE ADVERSE EFFECTS OF OUTSTANDING WARRANTS AND OPTIONS The Company has outstanding warrants to purchase 6,400,000 shares of its common stock which have exercise prices below the current market price of the common stock. The exercise of these warrants and resale of the underlying shares could adversely affect the market price of the Company's common stock. At June 30, 1998 the Company had 14,272,848 outstanding exercisable options to purchase common stock issued pursuant to employee stock plans which could have exercise prices below the current market price of the common stock. The exercise of such stock options and sale of a significant number of the underlying shares could adversely affect the market price of the Company's common stock. Have a good weekend! TTFN, CTC