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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: mishedlo who wrote (209565)12/13/2002 6:07:09 PM
From: ild  Read Replies (1) of 436258
 
MU has to come up with cash. MU didn't lose anything. In fact MU paid low interest on the bond because it was "convertible". MU thought that it would convert the debt into stock (dilute fuc*ing shareholders) and it would not have to return the cash. It spent the cash on stock buyback so directors could sell options with good profit. Now the cash has to be returned. The time has changed. Raising cash is much harder.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext