Trikon Technologies - TRKN Message Board

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Technology Stocks : Trikon Technologies - TRKN

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To: Carl R. who wrote (452)	10/9/1997 11:02:00 PM
From: davesd	of 926

Carl, does the following statement mean that TRKN has to pay the Bank for the next 180 days instead of the 7 1/2% to the converts?? If that's true, then the $1.5mill savings is peanuts. "Trikon also announced that the Oct. 15 interest payment on the 7 1/8 percent convertible subordinated notes due 2001 has been blocked by Trikon's bank lenders for 180 days under the indenture governing the notes." Never run into a situation like this before...so I'm not exactly sure what it means. dave

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