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Strategies & Market Trends : Floorless Preferred Stock/Debenture -- Ignore unavailable to you. Want to Upgrade?


To: Timelord who wrote (584)7/9/1999 12:05:00 PM
From: David Sirk  Read Replies (1) | Respond to of 1438
 
It tells with MY DD that they needed a cash infusion but are not desperate.



To: Timelord who wrote (584)7/9/1999 12:08:00 PM
From: Mama Bear  Read Replies (1) | Respond to of 1438
 
The majority? The only case I have heard about that may have been done without being the last resort is HAYZ. Even there I'm a little skeptical that the deal was not fully understood by insiders. But that was in the early days of junk equity financing, so it's at least possible.

Barb