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Strategies & Market Trends : Roger's 1998 Short Picks

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To: phbolton who wrote (11865)7/22/1998 11:58:00 AM
From: Mama Bear  Read Replies (2) of 18691
 
phbolton, this phrase from the AND release looks like a floor to me:

"The maximum number of shares issuable upon conversion is 2,100,000
shares.
"

On a $10 million convertible though that's a share price of right around 5. AND currently 12 3/4.

Edit: I see Roger and I agree on the target price. <g>

Barb
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