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Strategies & Market Trends : Floorless Preferred Stock/Debenture
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To: Zeev Hed who wrote (1193)6/29/2000 11:17:43 PM
From: Puck   of 1438
 
Now that concepts are patentable in fact, if not in theory, perhaps one or all of us might apply for a patent on floorless convertibles. If we controlled the use of the floorless convertible, maybe we could make sure that the CFO's of all companies considering using it are educated thoroughly about its dangers. This would put a crimp on the bandits business, which I would enjoy seeing. Maybe we could even get a royalty from them each time a floorless is issued.
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