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Technology Stocks : Wind River going up, up, up!

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To: w sun who wrote (9951)1/9/2002 12:45:02 PM
From: Peter Church  Read Replies (1) of 10309
 
Check out posts #1531 and #1539 for background on the bond offering. Some folks have said for a while that the bond allows an easy ride for shorting the stock.

I guess not many bond holders are going to pay to convert at $32.33. So WIND will have to come up with $101k plus 4 years interest @ 5%.

I suppose the company can use the money (there are lots of good ideas out there waiting for funding), but I'm sorry to see more bonds being sold like before.
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