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Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?

To: TideGlider who wrote (7743)	11/1/1997 7:00:00 PM
From: Mr. Aloha	Respond to of 25960

The bonds were sold in August when the price was in the $40-50 range. They can't convert now because the bond is convertable beginning in early Nov. 97 at $47. In the meantime they get the interest paid Semi-Annual I believe. When the price moves back up they can convert. Let's just say there could be some resistance around $55-60, for a little profit on the sell excluding interest earned on the bonds of course. Not an issue, just an SEC filing for the option to convert. Aloha