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Strategies & Market Trends : Floorless Preferred Stock/Debenture

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To: Razorbak who wrote (1201)7/3/2000 11:12:20 AM
From: Zeev Hed  Read Replies (3) of 1438
 
A floorless by any other name ... You could expect, however, that the stock will b brought up to the ciling conversion, before Promethean will start their shorting campaign, that will maximize their profits. Of course, the warrants give then a lot of protection anywhere above $5/share.

Zeev
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