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.
Gold/Mining/Energy : TVX Gold -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (819)3/29/2001 11:29:43 PM
From: baystock  Respond to of 905
 
<<The clearing price should clean up the converts, and leave something substantial for the stub
shareholders. >>

I like your use of the term "stub" shareholders for the common shareholders. This term aptly describes the situation, in which they get the leftovers after the bondholders are first satisfied.