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Technology Stocks : CYRIX / NSM -- Ignore unavailable to you. Want to Upgrade?

To: James Fink who wrote (23233)1/24/1998 11:02:00 AM
From: Richard Wang  Respond to of 33344
 
>>Does this give NSM an incentive to keep the stock price up above $42.78 per share?

Yes. Check the write-up on this by Value Line, which says NSM has that incentive to keep the stock above 45 even prior to Oct. (I don't remember the exact details of the write-up).

Richard



To: James Fink who wrote (23233)1/24/1998 3:34:00 PM
From: Mark A. Forte  Read Replies (1) | Respond to of 33344
 
Convertibles called - NSM stockholders screwed

In case you missed it those convertibles were called. With the price of NSM in the mid 20s they were "busted" no reason for the company to pay $1000 for a bond that would be trading at $750!!!

biz.yahoo.com


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