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

To: Kevin who wrote (2852)	12/23/1998 11:05:00 PM
From: blankmind	Read Replies (3) \| Respond to of 4761

yeah - the warrants move in tandem - x/p is $6.25 - and at the moment, if I could re-adjust things, the common looks cheap at the moment & the better buy. - also, can anyone find where management stated that the web site would be operational & taking orders from the public in dec '98? I really doubt it. - once again, I don't see what's wrong with a feb '99 launch date.

To: Kevin who wrote (2852)	12/28/1998 12:16:00 AM
From: LAWRENCE C.	Read Replies (2) \| Respond to of 4761

Kevin, the warrants can be called when the common is above $10 for over 10 days. 1. IMHO the odds of reaching $20 on IFLY common before the warrants must be converted are very low. We haven't even been able to sustain $10 so far. 2. If the common does touch $20 before the warrants must be converted , it could fall back sharply from that level. 3. If the warrants are called the company will give the warrant holders 30-60 days to convert them at $6.25. Lucky Lawrence