THQ,Inc. (THQI) Message Board

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Technology Stocks : THQ,Inc. (THQI)

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To: Bleeker who wrote (7392)	8/1/1998 1:24:00 PM
From: Ron Harvey	Read Replies (1) of 14266

<< If that's the case we are talking about a lot of shares without knowing what the convers. price is yet. But definitely well over 1.3 million.>> Two million or more would be a safe calculation, I think. And the premium in conversion price won't be way higher than the then-current trading price. If so, the interest rate would have to be pretty high to compensate. Typically, companies do a dilutive convertible like this because they can't get an equivalent credit line, they can't do an equivalent equity distribution, and they can't get straight bond debt. It's what you settle for after various refusals.

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