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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Roger A. Babb who wrote (11440)7/13/1998 4:18:00 PM
From: gaohong  Read Replies (1) of 18691
 
Roger, could you post the terms of conversion for PLPT. I could not
find it anywhere. On 10Q, it says 2.45M preferred were converted
into 881K of series B convertibles, which in turn are convertible
into 2.2M COM shares.

If 881K convert to 2.2M, then how do we know it is floorless ?

Thanks
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