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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Zeev Hed who wrote (83533)6/22/2002 7:26:35 PM
From: Bruce A. Thompson  Read Replies (1) of 99280
 
I wouldn't buy at all. I remember CTYS? CTYSC? CTYYS?,

I just thought it was a neat way to cause trouble for the holders of the converts. In theory, the converts could have had a not before date. If that were the case, the buyers of the stock they sold short demanding certs so they could exchange in the reorg would cause a bunch of people some problems. Holding the "Box" would do them no good because the stock they sold short never existed. While it isn't a classic. It is cute. <g>

BT
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