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Technology Stocks : Citrix Systems (CTXS)
CTXS 103.900.0%Nov 2 5:00 PM EST

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To: Chuzzlewit who wrote (6666)6/10/1999 7:17:00 PM
From: MikeM54321  Read Replies (2) of 9068
 
Re: Citrix's Convertible Bond Offering

CTC,
Perfect person to ask this question of. Can you check out this link at: biz.yahoo.com
And tell us the ramifications of this type of transaction.

Specifically, once the offering is finalized (which it was and CTXS raised $300 million from what I recall), how are the potential shares (if the debt was fully converted) figured into the fundamentals? I'm guessing if the debt was fully converted, it's has to be a considerable number considering the interest rate paid was only 5.25%.
Thanks,
MikeM(From Florida)
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