SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cymer (CYMI)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Emile Vidrine who wrote (8373)11/5/1997 10:38:00 PM
From: Mr. Aloha   of 25960
 
The notes may be converted for $47 per share...period.

Because of the fixed price for conversion, there's no additional benefit for the note/bond holders to short.

If someone just wanted out right now, they could have converted beginning today 11/5/97 and sold the shares to the market etc...

Aloha
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext