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Non-Tech : Any Stock Warrants -- Ignore unavailable to you. Want to Upgrade?


To: Richaaard who wrote (696)5/28/1999 9:13:00 AM
From: M.R. Davis  Read Replies (2) | Respond to of 1916
 
Question for the board:

How may the conditions of warrants in a company be changed?
e.g. if a company was bought out by another company then might the board of directors decide to change the expiration date of the warrants to, for example, next month (and essentially render them worthless) - or change the conditions for calling the warrants or the strike price of the warrants?
Can they do this?
Are warrant holders protected to the same degree as shareholders?



To: Richaaard who wrote (696)5/31/1999 10:42:00 PM
From: John Anderfuren  Respond to of 1916
 
netted dgv and vcst warrants on friday on bottom bounces. Set large net for pvat at 2 1/32 with new cash from warrant conversion and strong demand this one should turn around sharply. Pxt is my inside buying choice for the week with eson ans 2nd.