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Technology Stocks : Data General Corp. "dgn"
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To: Brad Zelnick who wrote (137)10/30/1997 8:09:00 PM
From: Geoffrey  Read Replies (1) of 354
 
I know this is too simple, but did wall street take into account the following:

Data General's financial position was strengthened during the quarter as it
completed the conversion of its $125 million 7 3/4 percent Convertible Subordinated
Debentures due 2001. The debentures were converted by holders into the company's
common stock at a rate of $19.20 per share, effective August 18. "

This conversion put the outstanding shares to 48 million from 42 million.
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