Verio (VRIO) Message Board

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Technology Stocks : Verio (VRIO)

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To: Pruguy who wrote (560)	7/16/1999 12:20:00 AM
From: Tao	Read Replies (1) of 676

A Question for a new beginner on convertable preferred What is the meaning of able to convert to $95/ share? Is the convertible a type of long term stock buy option that allow the holder of the bond to buy the Verio stock at $95/ share. If that is the case, than those institution holder must see great future and a high premium for Verio stock from today's $82/share price.

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