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Non-Tech : Eagle Hardware (EAGL) The Next Home Depo
EAGL 1.550-1.3%Jan 21 4:00 PM EST

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To: Paul K who wrote (388)12/9/1998 11:39:00 AM
From: Scott Mc   of 389
 
Paul, am a holder of the conv and haven't seen anything, however I'm pretty certain that Eagle under the provisions of the convert (stock trades over $27 for 30 days) will force the conversion as soon as possible. It probably was a major factor in setting the price($29) and the date (to give 30+ days and not make the next interest payment due Mar 99).
Scott
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