Disk Drive Sector Discussion Forum Message Board

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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 177.42

+6.7%

3:39 PM EST

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To: Frodo Baxter who wrote (2726)	3/8/1998 12:44:00 AM
From: Jonathan Bird	Read Replies (1) of 9256

Cause (as your experience with APM should tell you), as the stock goes above the strike, the debt holders short the stock to lock in their profits. I don't follow you Lawrence. APM went to sixty after the debs were issued, then to 22, then back up to 37 now down to 11. Which of those numbers has any correlation with the 18 conversion price of APM? And after you explain that to me, then tell me why AAPL cant go over 29. Give me clarity LK. You can be so terse at times. Jon Bird

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