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Strategies & Market Trends : BOSTON MARKET (BOST) OVERVALUED AND UNORTHODOX ACCOUNTING!
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To: Scott Mc who wrote (44)1/7/1998 9:54:00 PM
From: ChrisJP  Read Replies (1) of 53
 
Hi Scott,

From you last post, you seem to be saying that the convertable holders might have shorted using their future shares as collateral. But if these shares can't be converted until the stock reaches 30, then they are forced to buy back shares from the open market.

Is there any way to figure this out ? Or perhaps there's a way for you to explain it so that non-finance guy like me can understand it ?

Thanks for the info you've provided so far.
Chris
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