SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Ashton Technology (ASTN) -- Ignore unavailable to you. Want to Upgrade?


To: dennis foster who wrote (181)4/17/1999 4:49:00 PM
From: EyeDrMike  Respond to of 4443
 
Dennis,

don't take this as gospel, but i believe the price must trade above 5.86 ? for 20 consecutive days.

i know we're currently in the warrant price range as of Friday's close.

you may want to call ASTN for the specifics. They are very helpful and professional when communicating with investors.

Mike



To: dennis foster who wrote (181)4/17/1999 8:47:00 PM
From: bob  Read Replies (2) | Respond to of 4443
 
The warrants expire on 5/2/2002. They can be
exercised by sending a warrant and $5.85 to trade for 1 share of Ashton
stock. In
actuality you'll probably sell the warrants to someone else and let
them do the
conversion. They are callable if the stock is over $6.75 for 20 days.
That is at
the option of the company-some call and some don't. If that happens,
you'll get
25 cents for your warrant plus you will be forced to buy the stock at
$5.85. The
nice part is, the stock will likely be over $8.00 or more by the time
you have to
buy it for $5.85.