SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : LSI Corporation -- Ignore unavailable to you. Want to Upgrade?


To: M. who wrote (19546)7/29/1999 12:08:00 PM
From: patrick tang  Read Replies (2) | Respond to of 25814
 
I don't understand this either - I thought Symbios was done with the last convertible and now another $285M one? Also offer of almost 6M shares for ?? $$. What's that for? Their cash flow should be healthy and should be building up cash right and left the next 18 months. Why raise $ at a lower stock price today and not use the money for the next 18 months? Do they need that much to buy more companies? Or is this a blind trust that management knows what they are doing and are looking out for the stockholders?

Any comments anybody?

patrick