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To: Luddrick M. James Jr. who wrote (101)2/19/1999 8:14:00 PM
From: Curbstone  Respond to of 186
 
Welcome Lud,

Here's a crosspost from another thread with a possible scenario.

Subject: Tokyo Joe's Cafe
To: BarbaraT
From: David D.
Reply #57121 of 57169

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.


Old? yes. Sap? maybe. But poor? Not for long!

Aloha, Mike



To: Luddrick M. James Jr. who wrote (101)2/19/1999 8:36:00 PM
From: Jon K.  Read Replies (2) | Respond to of 186
 
>>So what does this mean for a poor old sap who bought 4000 INTXA @3.125???? <<

I think it means you'll be rich young man who will sell 4k @ $10 <gg>.

I look at it as transferring money from you left pocket to right pocket. If you're a warrants holder, you might not be happy though.

1. Since it was a company's option to call warrants, the company must felt it would be beneficial to call in at this point. I liked the call too.

2. The company will have a nice cashflow and hopefully use this to reduce debts, but more likely will acquire other companies and expand.

3. I don't think warrants holders will buy from the market, so the stock price won't be affected that much.

At any rate, I am comfortable with this news and will hold my 6k till $10.

cheers,

jon