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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: FrozenZ who wrote (35493)5/10/1999 2:17:00 PM
From: Rube  Read Replies (1) | Respond to of 122087
 
CYOE warrants: can you explain?

can you explain why the settlement would cause the stock to settle at $9.00? What guarantee is behind the stock then?

Thanks



To: FrozenZ who wrote (35493)5/10/1999 2:18:00 PM
From: Mama Bear  Respond to of 122087
 
I think the only reason I can figure why they would care about the warrants would be because they'll probably use BS (Black-Scholes) to calculate the value of the warrants. Then the attorneys would take their 1/3 fee in cash based on that value. Unless someone thinks the plaintiff's attornies will take warrants?

Anyway, it just looks like a trading range to me, regardless of the reason behind it.

Barb


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