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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Judy who wrote (17670)	3/5/1999 4:48:00 PM
From: SE	Read Replies (1) of 44573

So what is the deal with the rights offering? I just printed out the manual (S-3 Filing) for review and it is over 100 pages! ACK! It seems to me they want to reward their current shareholders, but also need additional cash. Get the rights out to the shareholders and then when the can pump up the stock price, they can get some cash from the deal..... ...but I really don't know. I am just guessing. Thoughts? Maybe we should move this conversation to IKE's thread.... -scott

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