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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: pressboxjr who wrote (409)	12/8/1998 8:13:00 AM
From: Rande Is	Respond to of 57584

Jr, Any feeling about one of those on your new radar? Rande Is

To: pressboxjr who wrote (409)	12/8/1998 11:06:00 AM
From: Tummus1	Respond to of 57584

JR I picked up ORTC from a search for insider buying. I noticed that George Soros has been buying an awful lot of this: biz.yahoo.com In addition the TA is looking great and there has been a lot of accmulation of the warrants. I upped my position in the warrants yesterday. Here are the warrant terms (ORTCZ= Class B) from latest press release: "In a separate matter, Ortec announced the extension of the expiration date of its Class B warrants (NASDAQ: Small Cap: ORTCZ) to May 28, 1999. The warrants, which are callable by Ortec, have a $15 exercise price and were set to expire on Jan. 18, 1999. There are currently approximately 1,188,600 Class B warrants outstanding. The Class B warrants were part of Ortec's initial public offering of its securities in January 1996. Through that offering, Ortec issued 1.2 million units at a price of $5 per unit. Each unit consisted of one common share and one Class A and one Class B warrant with exercise prices of $10 and $15 respectively. In December 1997, the holders of 1,080,000 Class A warrants exercised them providing Ortec with $10.8 million in gross proceeds." TW