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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI
CCSI 24.53-1.8%Nov 7 9:30 AM EST

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To: JanyBlueEyes who wrote (889)1/26/1998 6:00:00 PM
From: Webster Groves  Read Replies (1) of 5736
 
Could someone help me with a question of finance...

The special shareholders vote is in part to set new terms for
the preferred stock now outstanding. One of the conditions
allowing the preferred to be converted is a stock split, either
forward or reverse. Does the fact that a 3:2 split is also
proposed mean that, if approved, the preferred can be
immediately converted.

I don't have either a bullish or bearish point to make; I just
need an answer.

Thank you one and all,

-wg
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