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Technology Stocks : GX Investors Thread
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To: AlienTech who wrote (412)10/11/2001 11:01:58 AM
From: BWAC   of 586
 
<Actually the bonds are bringing in 50% like intrest so its like 1 year of intrest payments. >

GX is paying out interest based on the face value of the bonds, not on the market value of 20 cents. 10% interest on the full face value of the bonds equals a bond trading at 20 cents.

<Sshorted my GX to buy AX, Seems AX is trading at a huge discount to GX now. > Considering that myself.
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