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Technology Stocks : LSI Corporation
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To: lnkennedy who wrote (17420)3/17/1999 9:07:00 AM
From: Bob Howarth  Read Replies (1) of 25814
 
I disagree with last paragraph. It is a GROSS over simplification of the capitol markets wrt converts. There are bad converts like the floorless ones but this transaction for LSI was prudent and the dilution is stretched out for 5 years. I would have gladly bought some if it had been a public offering.
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