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Technology Stocks : General Magic
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To: Sea Otter who wrote (5288)2/22/1999 11:13:00 AM
From: Tom  Read Replies (1) of 10081
 
SO

Sorry to ask, but this convertible thing still baffles me. Anyone got a synopsis for me to slowly get the picture? (Probably after it's too late.) I gather that rights to own at a given price, if held in significant number, can affect market value when ultimately exercised. Smells as though something else may be afoot behind that screen. Maybe not. Suspicious my nature, am I.

TPG
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