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 : Equinix Inc. - EQIX
EQIX 846.01+1.5%Oct 31 9:30 AM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Manx who wrote (66)3/9/2002 10:46:53 PM
From: rajaggs  Read Replies (1) of 78
 
EQIX stock has taken a tumble after they announced that they would retire some senior notes, in a stock for debt deal, reducing their bond debt by $25 million for around 9 million shares.
The market doesn't see this as positive but I'm of an opposing viewpoint.
The savings will be $3.5 million per year in interest plus $25 million due 3 years from now and the offsetting dilution is around 11%.

Thoughts.?

'jaggs
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext