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Technology Stocks : Maxtor (MXTR)

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To: Ramesh Manne who wrote (58)1/25/1999 9:48:00 PM
From: Sr K  Read Replies (1) of 467
 
The overhang is not from the 8 m shares. The bigger part of the December 21 S3 was for the $300 m of DECS Trust IV convertible into about 18 m shares offered by Hyundai Electronics America. The total offering looks like $430 m to me. And, that's not "nothing".
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