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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?

To: Trumptown who wrote (5138)	2/9/1999 12:01:00 PM
From: E. M. Edds	Read Replies (1) \| Respond to of 11130

JVWB: I just got off the phone with IR for JVWB (212-473-3700). There are currently 380,000 shares in the public float, with 7.2 Million shares held by the Board and technical employees. In addition, the Class A Warrants, when/if utilized, convert into 1.5 Million shares for the public float. They are looking at selling the Class A Warrants to a group, rather than individual investors, to minimize dilutive effects, volatility, and to allow more rapid price appreciation. The NASDAQ requires a listed company to have at least a 1 Million float, so they have planned to be just above that.