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To: LLCF who wrote (24720)10/5/2000 12:48:34 AM
From: Mama Bear  Read Replies (2) | Respond to of 436258
 
"are you suggesting that they could pay for the stock with stock?"

Yes, that's the way that I read it. How could it not be a liability on the balance sheet otherwise, and what the heck is the company's option if they're forced to settle in cash?

"The outstanding put warrants permit a net-share settlement at the Company's option..."

I admit that I wouldn't be surprised to find that I am all wet in my interpretation.

Actually, here's where I got the idea: Message 14485059

Regards,

Barb



To: LLCF who wrote (24720)10/5/2000 2:52:32 AM
From: patron_anejo_por_favor  Respond to of 436258
 
"Oh by the way, you know that 50 million shares you're putting us @ $100??? Well here's 100 million shares w/ current price $50 in payment! GO GET RID OF IT! Ho ho.....

Absolutely mind-boggling, I'm ROTFLMAO, literally!

Gates and Ellison are dropping billions/day. I can't wait untill Buffett passes them both, then we can start sifting through the wreckage for some tech trash to go long...


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