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To: Sycamore who wrote (4742)11/6/1997 1:11:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 11888
 
Sycamore. I like the funding news, however it states that the convertibel debt is at "preset conditions" I wonder where we can find these conditions. The debs have a ceiling (6.5 if stock above 8 and some before a given date), but waht is the convertion strike if the stock is below 6? April is barely six months away, I do not like "ticking time bombs".

Zeev