Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE! Message Board

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Technology Stocks : Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE!

RACE 367.13

-0.2%

Dec 12 9:30 AM EST

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To: MulhollandDrive who wrote (25477)	11/14/1997 11:25:00 AM
From: drakes353	Read Replies (1) of 33268

OT BP: I read on Roger's Short Thread something about a "floorless" debenture on AOL, I'll go back and recheck the post by Zeev Hed. I have not read the filing related to AOL's convertible debt deal but I did get my hands on a report from PW Convert guru. The conversion premium is set at 40% or about $104. When and if AOL's stock gets to $104 I'll think about it...for about a minute. It's only something like 3.5% dilutive. Not a biggie. Don't know where this "floorless" thing came from. Looks like the figment of someone's imagination. But I'll try to run that down. As far as the market turning, that's what my intention was, to wait till AOL retraced some of recent losses and go short then. BTW, I hate AOL, but I'll try not to let that influence me:-) Well as of around 5 minutes ago AOL was $10 off of yesterday's low. Looks like you've got a pretty good bounce to short into. AOL's convert deal ain't a reason to short the stock. I'm sure you can come up with some other reasons. Good luck with that. drakes353

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