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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Josef Svejk who wrote (18086)4/18/1999 9:46:00 AM
From: RockyBalboa   of 18691
 
Josef Sveik,

Message 8980646

where did you get the 2.3M share number for this convertible. For me that reads 1M new shares (+14% interest p.a.)

"The outstanding principal amount of the Debentures (together with accrued interest thereon) is convertible until after the first anniversary of the closing. At that time, the Debentures are convertible into shares of Common Stock, at the option of the holder or holders thereof, at the conversion price of $5.00.

the share count in 1998 increased by 2.3M

also watch VVUS. Same as last year.

IS
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