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To: BarbaraT who wrote (57112)2/19/1999 4:23:00 PM
From: QuietWon  Respond to of 119973
 
Ins stks: LNC had a really good day - lot of cost saving can be achieved with LNC



To: BarbaraT who wrote (57112)2/19/1999 4:25:00 PM
From: QuietWon  Respond to of 119973
 
Ins.stks: if larger ones don;t occur by end of summer, forget it - if they do however try to there's no way they'll be able to integrate before Y2K



To: BarbaraT who wrote (57112)2/19/1999 4:26:00 PM
From: David D.  Read Replies (1) | Respond to of 119973
 
JBOH closed nicely. Should Gap on Monday. GGGGG

David D.



To: BarbaraT who wrote (57112)2/19/1999 4:28:00 PM
From: QuietWon  Read Replies (1) | Respond to of 119973
 
For anyone with ABTEE, my apologies for source - friggn po'ed at source - every second word coming out of my mouth to source was a profanity - uncharacteristically me , but should give u an idea the extent of how i felt bout what i was told vs the action in the mkt



To: BarbaraT who wrote (57112)2/19/1999 4:35:00 PM
From: David D.  Read Replies (2) | Respond to of 119973
 
Stock Warrants: The basics
A stock warrant gives its holder the right, but not the obligation, to buy a specific stock at a specific price (the exercise price) until a specific time (the expiration date). For example, stock ABCD might have a warrant, ABCDW, which allows its holder to buy one share of ABCD for $5.00 until July 1, 2004.

However, a company may call their warrants for redemption if the price of its common stock meets certain conditions, such as trading above a certain price for 30 days. If a company calls warrants that you own (which probably means you've done well with the warrants so far), you have several options: You can sell your warrants; you can exercise your warrants; or you can let them be redeemed for a nickel or so. You usually have about 30 days to make your decision. Most people sell their warrants, since exercising requires an additional investment. Continuing our example, if shares of ABCD (which are currently at $5.50) ever have an average closing bid price of $7.50 for any 30 consecutive trading days, the company can then give 30 days' written notice that the warrants have been called for redemption at 5 cents each. You would then have 30 days to decide if you want to sell or exercise your warrants (or let them be redeemed for a nickel).

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To: BarbaraT who wrote (57112)2/19/1999 4:37:00 PM
From: David D.  Read Replies (2) | Respond to of 119973
 
What this means is that everyone who previously held warrants now are purchasing the stock $2 for each common share and $5.50 for each preferred share respectively. This will bring a TON of buying into INTXA as the warrants are excerised. The price has to go up FAIR can no longer hold it down. We will see it to $4 probably early monday with excerised warrants. The stock will then be up awaiting news of a web site launch which could very well give it the 75%-125% boost we are expecting or a price of $7-$9 by end of month.



To: BarbaraT who wrote (57112)2/19/1999 5:07:00 PM
From: TraderTerry  Read Replies (2) | Respond to of 119973
 
Barbara, it means you have 30 days to excersise you warrants
which give you the right to get one common stock at $2. Depending
on the price you paid for the warrant, you will be happy or sad.
However I expect the warrant price to fall early next week because
most people will not want to excersise their rights. I will try
and buy some if the price is right. However in the long term this
is good news.