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Technology Stocks : PairGain Technologies -- Ignore unavailable to you. Want to Upgrade?


To: BWAC who wrote (36013)2/23/2000 11:04:00 AM
From: SPSEIFERT  Respond to of 36349
 
My understanding is that the exchange is .43 for 1 and has nothing to do with price at the time of the exchange.



To: BWAC who wrote (36013)2/23/2000 11:58:00 AM
From: Patricia  Read Replies (2) | Respond to of 36349
 
Hi, BWAC...your right. .43 is the FIXED ratio

If you own 1000 shares of Pair and hold thru...you'll convert to own 430 shares of ADCT. 1000 x .43 = 430
If you own 100 shares: 100 x .43 = 43 shares of ADCT

If you hold, your shares value will be based on ADCT's
share price at the time they are converted.

Decisions, decisions...hold or sell. Darn it, I hate it
when I need to think so hard! LOL

Best of Luck to ALL!!
Patricia