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Technology Stocks : CAWS - Wireless Cable (New and Improved)

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To: Pierre Borczuk who wrote (4730)2/18/1998 10:22:00 AM
From: VanGo101  Read Replies (3) of 5812
 
Zorro....I'm very anxious to know your thoughts about the new financial arrangement announced this morning!

In particular, what do you think this means..."subject to prepayment at a discount of up to $27 million prior to June 1, 1998 in the event that certain circumstances occur that result in the realization of a significant increase in the current market value of CAI's 12 1/4% Senior Notes due 2002 (the ''Senior Notes'').

VanGo101...Van
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