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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: John Graybill who wrote (47215)	7/16/1999 5:21:00 PM
From: John Graybill	Read Replies (3) \| Respond to of 53903

I forgot that TXN gets to jump line ahead of the bond-holders when the stock goes on a rampage. Remember that conversion price of $67 for the bond(bag)holders? Back of the bus, fellas!: The Convertible Notes [owned by TXN] are convertible into 12.3 million shares of MTI common stock at a conversion price of $60 per share. The Convertible Notes are not subject to redemption prior to October 2000 and are redeemable from that date through October 2002 only if the common stock price is at least $78.00 for a specified trading period. Close enough on this last run, eh? I wonder if TXN did some converting and is / has been doing some selling. Any way to figure out day-to-day how many shares are outstanding?