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Non-Tech : SME(svcdq) has it bottomed out yet? Or will it hit bottom? -- Ignore unavailable to you. Want to Upgrade?

To: Arthur Tang who wrote (299)	12/31/2000 9:36:29 AM
From: Georgeb	Read Replies (1) \| Respond to of 305

Arthur, Thanks for the information. By "cram down," I presume that you mean an issue of new stock, and therefore a watering down of the old stock. Do you know if the value of new stock issued (if they do that) would be equal to the full face value of the bonds (i.e. .04/share times enough shares to equal the bond face value)? It is hard to imagine a watering down of the current almost worthless stock, but they could do a 10 for 1 for example, so that the new stock is worth about half a cent per share?