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Strategies & Market Trends : Shorting stocks: The root thread

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To: George McMeen who wrote (19)6/16/1997 4:06:00 PM
From: George McMeen   of 41
 
Thermo offers $70 M Conv Sub Deb & 4 weeks later announces $20 M stock buyback program

How crazy is this?

Thermo Cardiosystems Inc (AMEX:TCA)

May 9th Announces $70 million Convertible Subordinated Debenture Offering
biz.yahoo.com

June 13th announces $20 million stock buyback program.
biz.yahoo.com

Cheers. George
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