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To: Curbstone who wrote (95)2/19/1999 4:35:00 PM
From: CJacks  Respond to of 186
 
I spoke with the PR firm and I'm comfortable. First, the common warrants (Z's)can be redeemed to buy one share of common at $2.00. Considering the warrants were selling for a buck, they end up buying shares at $3.00. Or can turn them in for $.01. And for the preferred, they can redeem them for a share of preferred stock at $5.50. (which they can exchange for 3 shares of common at any time.)

In short, BIG DEAL. None of these guys are getting great bargains. It raises capital for the company. (They have been making numerous acquisitions) More news is on the way. The company is just about to roll out the web site. Financials are coming. The company is profitable. When all the acquisitions go through, even if they don't grow at ALL, and not counting the web site, the company will have gone from being $6 million to well over $100 million in one year!!!!

I'm keeping my 10,000 shares.

Chuck




To: Curbstone who wrote (95)2/19/1999 4:38:00 PM
From: BarbaraT  Respond to of 186
 
The warrants should resume trading and continue until the expiration of March 20. Their price should be relective of their worth - if the warrants can be exercised for $2 - and the stock is at $3 1/8 - that means the current price of the warrants should be around $1. Before they halted, they were trading around 1 1/8. If the stock goes up - the warrants should move accordingly.

You have until 5 pm on March 20 to trade your warrants - or exercise them. I currently have both common and warrants. Since I think the stock will go up (and hope it will) I will hold the warrants. Bought them considerably higher, and fully expect ( and hope) to see the warrants hit $2. We have 30 days - plenty of time.



To: Curbstone who wrote (95)2/19/1999 5:34:00 PM
From: Curbstone  Read Replies (1) | Respond to of 186
 
January 28 was by far the busiest warrant day for INTXA in a long time.

............date.......close.....open......high......low......volume
intxz.. 1/28/99.. 31/32 ... 1 1/4 ... 2 1/4 ... 7/8 ... 1,292,800
intxp.. 1/28/99.. 8 11/16 . 9 5/8 .. 12 3/8 .. 8 5/8 .. 48,000
intxl.. 1/28/99... 3 5/8 ..... 4 ......... 7 ..... 3 11/32 . 581,700

There will undoubtedly be some pretty pissed off people who bought intx(z-p-l) on 1/28. Almost like a margin call. If they exercise they will then be holding INTXA at near $4. The question is, what choices to do they have, and how will those choices affect the market for INTXA between now and March 20?

Mike