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Technology Stocks : Advanced Radio Telecom (ARTT)
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To: SteveG who wrote (501)3/24/1999 2:02:00 AM
From: transmission  Read Replies (1) of 1176
 
what is a floorless convert. Heard ART at investment forums said it is
to raise 100MM in new equity take down 200MM Lucent change then
later raise 525MM debt vehicles plus use 400MM more Lucent. What
would convert issue get and do to common if valuation was at 700MM
level that one of two ladies on yahoo says company is seeking and
what if valuation was in 500MM range.
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