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.

Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?

To: CatLady who wrote (1034)	12/28/1998 9:45:00 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 19428

CL, a six? It's not only the language but my test consisted of recalculating ounces and pounds, quarters, nickels and dimes into cents (I'm not that familiar with such small currency units right now). Hope you had a good Santa or Hanukkah whichever. Now something different. The RMIIW warrant ($29+) trades above the RMII common ($25+). From what I know, had the warrant a strike of $3.07 and the initial ratio was 1:1 . There are some antidilutive privileges for the warrantholders in case of a private placement < $4 adjusting the warrant ratio. So far, I didn't get out the actual stock:warrant ratio in RMII:RMIIW. It would take your IQ here. Otherwise it was a nice arb play. I read to the recent filings and POS Amendment files but got tired of counting ordinary and private placed (promotional) shares/warrants. (Edit: now the ratio appears to be 1:1.5, as 1.94 M shares underly 1.365 M warrants given that ratio it was an C&C arb to buy the warrant and sell the stock). C.