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Technology Stocks : Verio (VRIO) -- Ignore unavailable to you. Want to Upgrade?

To: Pruguy who wrote (560)	7/15/1999 11:45:00 PM
From: manny t	Respond to of 676

My post to the Market Gems thread: To: Jenna (50763 ) From: manny t Thursday, Jul 15 1999 11:39PM ET Reply # of 50765 VRIO, The 300 Million Convertible Preferred 6 3/4 % Stock which is being sold to Institutions,is convertible at 96.5625 shares of VRIO. So someone has some real confidence that they will make out like bandits on these Convertibles if VRIO goes up substantially higher than 96.5625. Or that someone can conveniently bid up VRIO to a price substantially higher than 96.5625. It is a good thing that VRIO is the world's largest Business Web Host. This makes it more compelling for VRIO's price to continue it's upward climb. In any case,it looks like we Shareholders can't lose. IMHO, Manny T.