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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: billkirn who wrote (6073)5/14/1999 2:25:00 PM
From: Ross  Read Replies (1) of 6136
 
With regards to the value at conversion- I know people here have gone over this, but if you go to the investor relations page at agouron.com, you can call up a chart on which it states that if the Warner price is between $64.52 and $74, you receive $60 of WLA stock. Based on this, I don't see how you get a higher number. The Agouron web page might be a simplification of a more complicated formula given in an official filing, but it seems very clear.
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