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Technology Stocks : CyberCash a buy? -- Ignore unavailable to you. Want to Upgrade?


To: AugustWest who wrote (3121)3/25/1999 9:16:00 AM
From: PeterR1700  Read Replies (1) | Respond to of 3990
 
August - OT.
Personally, I think Tom's just holding back a tad before making a huge, dynamic and forever and always life altering purchase of cych. (Just like he did ckfr.)

FWIW - I'm holding my ckfr and cych too! Most of my dough is retirement stuff and I try to buy and hold when I can. My question (crystal balling) is when this market will have run it's course.

I'm giving it another year or two.
Peter



To: AugustWest who wrote (3121)3/25/1999 2:36:00 PM
From: TLindt  Read Replies (1) | Respond to of 3990
 
Still Digging....

sec.gov

6. WARRANT AGREEMENT
The Company issued three warrants to First USA Bank in November 1998 (the "FUSA Warrants"). The warrants collectively give First USA the right to purchase up to 2,200,000 shares of common stock of the Company, subject to adjustment as provided in the FUSA Warrants. Under the first warrant, 600,000 shares of Common Stock may be acquired from January 1, 1999 through June 30, 1999 at a per share price of $12.50. From July 1, 1999 through December 31, 1999, these same shares may be acquired at a per share price of $17.00. From January 1, 2000 through September 30, 2003, these same shares may be acquired at a per share price of $32.00. Under the second warrant, 600,000 shares of Common Stock may be acquired from January 1, 1999 through December 31, 1999 at a per share price of $17.00. From January 1, 2000 through September 30, 2003, these same shares may be acquired at a per share price of $32.00. Under the third warrant, 1,000,000 shares of Common Stock may be acquired from January 1, 1999 through September 30, 2003 at a per share price of $32.00.


Be Interesting to see if they pick up any of these...