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Technology Stocks : IFLY - travel sales on the web pure play -- Ignore unavailable to you. Want to Upgrade?

To: SkyDart who wrote (2669)12/1/1998 8:15:00 AM
From: John Martin  Read Replies (1) | Respond to of 4761
 
Warrants are nearly identical to options/leaps except they are against new stock yet to be issued. Options are sold against existing stock. When warrants are converted, it will raise the # of shares outstand by the number of warrants.

Like options, warrants provide alot of leverage. I too experienced the success of warrants w/ BNGO which I made approx 800% over a 2 month period.

I got in yesterday on IFLYW.



To: SkyDart who wrote (2669)12/1/1998 10:36:00 AM
From: Ron Kline  Read Replies (2) | Respond to of 4761
 
Thanks Jeffrey and MR for your valuable info. I will hold the warrants until the big move up to at least $4 which should be over $10 on the stock. Now we just need the market to recover from its hangover.
Ron


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