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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology -- Ignore unavailable to you. Want to Upgrade?

To: TOPFUEL who wrote (2236)	2/7/1999 12:49:00 PM
From: LT	Read Replies (2) \| Respond to of 18366

What are the exercise prices for these stock options and warrants? Good question David I can't imagine a warrant with a strike price of .25 cents! LOL More then likely they are $4-10 range. In that case I won't worry about them right now :) The float is a bit large, agreed there. But then, nothing in life is perfect.... LT

To: TOPFUEL who wrote (2236)	2/7/1999 6:56:00 PM
From: Burt Roger	Read Replies (2) \| Respond to of 18366

Warrant exercise price: For all practical purposes the exercise price is approximately 8 cents. No money need be paid to the company to exercise the warrants. These warrants were part of a package private placement investors bought. At one time their exercise price was only determined by the stock price of the common. Their movement was almost a tandem one. Since theoretically the stock could go to 1 cent or zero, the wt's. could have gone to even lower prices than the agreed upon .08. Warrant holders who do not convert to common have some protection if there is any further dilution of shares by more issuance of common. This protection could be in the form of a lower conversion price. There is no market for the warrants so the only exit process for a warrant holder is to convert to common and then sell the common. Best to all: