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Technology Stocks : Micron Only Forum
MU 246.84+4.2%Nov 14 9:30 AM EST
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To: MR. PANAMA (I am a PLAYER) who wrote (47837)8/26/1999 11:11:00 PM
From: John Graybill  Read Replies (2) of 53903
 
By the time they're done forcibly converting notes into new stock, they'll be pretty well on their way to doubling the number of outstanding shares from the 210M that existed for so long until 50M were silently added a couple of months ago.

And a couple of weeks after that, they'll re-issue $500M in new debt, the need for the daily tout will no longer exist, and the stock will be cut in half or more in short order.

Kinda like a stock split, eh? :-)
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