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Biotech / Medical : Biotech Valuation
CRSP 53.14+1.4%12:43 PM EST

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To: tom pope who wrote (6155)4/13/2002 8:11:20 PM
From: aknahow  Read Replies (2) of 52153
 
Not exactly. Either you take the toxic poison at your discretion or the debt holders can make you swallow it when they decide to convert. The conversion feature was floorless. as the price of the stock goes down the number of shares that must be issued upon conversion goes up.
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