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Strategies & Market Trends : Moufassa's Lair -- Ignore unavailable to you. Want to Upgrade?

To: Joe Smith who wrote (2997)12/18/2001 1:23:45 PM
From: DebtBomb  Respond to of 13660
 
Ha ha ha, pretty soon the whole market is going to be on convertibles, LOL.



To: Joe Smith who wrote (2997)12/18/2001 1:44:02 PM
From: Mark Konrad  Read Replies (2) | Respond to of 13660
 
"just to pay the bills?" Yes!! Primarily salaries of execs who are essentially raping what's left of any shareholder (bagholder) equity, imo. The absolute worst are the "floorless" convertibles which almost always result in a share price death spiral. These "convertibles" are used by mgt for the following reasons, imo: desperation, stupidity, or a back-door short-selling scam...there's little else left!--MK--


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