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To: Oeconomicus who wrote (8723)5/9/2001 5:46:02 AM
From: CanStocks  Read Replies (1) | Respond to of 11568
 
And why would this be a good thing? I'd rather be diluted by an equity offering than have a company take on debt which ranks before me in a liquidation and which puts heavy burdens on the company to service it.

Demand can always be created at a high enough coupon. We'll see if this is a good deal at pricing.

Just playing devil's advocate here.