SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (9872)1/5/2001 12:01:33 PM
From: Bruce A. Thompson  Read Replies (1) | Respond to of 30051
 
Thanks Zeev,

The reason I asked about the $1BB market cap is that RDRT revealed in yesterday's PR that shares would increase by 45MM to 114MM shares when they convert. I see the converts are selling hard and short above the $4 3/4 conversion price. That is assuming no one figures out the shares they buy today are going to be diluted 75% by the conversion.

BT