SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Corning Incorporated (GLW)
GLW 104.29-4.9%Jan 28 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Proud_Infidel who wrote (1538)11/15/2001 10:50:35 AM
From: BWAC  Read Replies (1) of 2260
 
<Underwriters Have Exercised Option to Purchase Additional Securities>

Sure they did. Got to find cover for the previous short sells on the sly, without competition, away from the open market, without creating any buying pressure. Ever wonder why the individual investor is shut out of the convertible scheme?

Consider LU is just junk according to the Street. Huge short position. YET did you see the line of convrtible buyers for them? And their eagerness to buy a whole lot more above the regular issue. A'holes couldn't buy that gift fast enough.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext