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Technology Stocks : Wind River going up, up, up! -- Ignore unavailable to you. Want to Upgrade?

To: w sun who wrote (9951)	1/9/2002 12:45:02 PM
From: Peter Church	Read Replies (1) \| Respond to of 10309

Check out posts #1531 and #1539 for background on the bond offering. Some folks have said for a while that the bond allows an easy ride for shorting the stock. I guess not many bond holders are going to pay to convert at $32.33. So WIND will have to come up with $101k plus 4 years interest @ 5%. I suppose the company can use the money (there are lots of good ideas out there waiting for funding), but I'm sorry to see more bonds being sold like before.