Broke my water pump bolt. Now what? (Update - broken bolt is out)

So how do they work? How do you use them? Thanks - cruiser
You just hammer on the extractor the size that you need for the broken stud, then use a wrench, or socket and ratchet, on the flats of the extractor, and then twist away.
I found them to be quite useful, but I'm sure they also have their limits.