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Technology Stocks : Westell WSTL -- Ignore unavailable to you. Want to Upgrade?


To: Rich Wolf who wrote (18312)3/16/2000 10:37:00 PM
From: kolo55  Respond to of 21342
 
Exactly Rich.

The period Westell can call the notes at 125% premium is the second week of April, if I recall. So in four weeks the variable converts will be history.

And it won't cost Westell any cash. All they have to do is call CC and friends, and the convert holders are forced to convert. I love it.

Paul