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Technology Stocks : Wind River going up, up, up!

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To: Bob Huff who wrote (8091)7/17/2000 3:30:19 PM
From: Peter Church  Read Replies (1) of 10309
 
I talked with Dick Kraber today on the phone. He doesn't plan to call any bonds with the stock price as "volatile" as it is. He said he would call them only if the company could be assured of a conversion to stock. He wants to keep the cash on hand.

I sent him an email with the Cramer article on convertibles and short selling. He hadn't heard that argument before.

If the 33.25 is the conversion price, does that put a floor under the stock?
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