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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: Terp who wrote (34145)12/24/1998 7:33:00 PM
From: MakeAFuss  Respond to of 119973
 
Hey Terp don't forget to mention the leverage....that's what wts. are all about.....Love those wts when the common is moving....almost like call options,,,,although one must say the sword does cut both ways
Merry Christmas all!!

MAF



To: Terp who wrote (34145)12/25/1998 3:51:00 PM
From: Triffin  Respond to of 119973
 
NETS..NETSW..

I think you'll find that now that the
warrant is "in the money" that it will
trade at "parity" with the common until
the company "calls" the warrants.. any day
now..see BFLY..BFLYW..company just called the
warrants..easy money on the arb if the
prices get out of whack once they are "in the
money" IE.. try to buy the warrant and short
the common for more than a $5.00 differential..

Jim in CT..



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