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: John Martin who wrote (2881)	12/28/1998 7:28:00 AM
From: John Martin	Read Replies (2) \| Respond to of 4761

The premium on the warrants have dropped incredibly. Last week the premium was nearly $2 and now they are approx 7/16th. Now that they are in the money, they should move nearly dollar for dollar with the common.

To: John Martin who wrote (2881)	12/30/1998 12:23:00 AM
From: LAWRENCE C.	Respond to of 4761

John, yes IFLY could go up to $20 but as we saw Wednesday it could fall from 16 1/8 to 13 1/16 too. CAUTION ON THE WARRANTS: IFLYW lost 30% in one day from 10 to 7. If the common falls hard after the warrants are called, they could be left with a cost of $10 or higher for warrants + $6.25 or a total conversion cost of $16.25 or more for stock that may be selling for less than $16.25 till the conversion period ends. Some people out there paid $7 or more for the warrants. Lucky Lawrence