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Strategies & Market Trends : Convertible Hedge investors?

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To: Cyber Bill who wrote (7)5/16/1997 4:12:00 PM
From: Scott Mc   of 107
 
Cyber,
$0.5 Mill face on the Horsham in a full hedge, I would think between the low interest (3.25% or 3.0% I think), the dividend on the stock, stock rental fees and the cash you would have had to put up the return is low??.
Also I would be extremely concerned that gold would move up and Barrick with it, its 52W high is above $40Cdn. This would reduce the preimum and probably trigger a margin call?
What are your stradigies to deal with these scenerious?
Scott

Also are you dealing with RichGr or MidWal?Ill understand if you prefer not to answer. Scott
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