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Technology Stocks : Align-Rite Int'l (MASK) Undervalued compared to PLAB DPMI -- Ignore unavailable to you. Want to Upgrade?

To: DGMontana who wrote (359)10/15/1999 6:52:00 PM
From: Carl R.  Read Replies (1) | Respond to of 388
 
I've been wondering the same thing, though I think MASK is worth this price on it's own merit.

Carl



To: DGMontana who wrote (359)10/17/1999 9:00:00 AM
From: spiny norman  Read Replies (1) | Respond to of 388
 
The conversion price only adjusts until PLAB falls below 21.00. Under that price, the conversion is fixed at 1.0995 share of PLAB. At yesterdays PLAB price, you now get about 21.00 worth of PLAB per mask share. (The yahoo thread for MASK contains detailed discussion of the conversion info.)

MASK, not PLAB can back out if PLAB's share price falls below 16.00 for 20 days.

regards


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