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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: john rieck who wrote (11035)12/6/1998 9:39:00 PM
From: Sergio H  Respond to of 29382
 
<IFLY vs IFLYW>

In your example, the math is correct...
<IFLY pops to 14; would'nt IFLYW then be ~ 8 (14-6.25)? a 4 bagger vs a double >

...but the conversion premium doesn't kick in until IFLY is over the 10 hump. From all of the private messages and e-mail that I've received since the Amigo's report on IFLY, there are a lot of people already invested in IFLY waiting for the news to come out. This is very similar to the BAMM situation a couple of weeks ago. Everyone knew that BAMM news was coming, but....

Amigo Sergio



To: john rieck who wrote (11035)12/6/1998 10:22:00 PM
From: Cary C  Read Replies (2) | Respond to of 29382
 
>>IFLY vs IFLYW: which do you see as the better play here?<<

John we have had this discussion on another thread. Assuming IFLY is marginable (some say it isn't but as near as I can tell Etrade let me buy it on margin), the common is a better % gain to about $11 a share.
Anything after that, the warrants would be a better % gain.

Cary