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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (1630)	1/27/1998 10:49:00 AM
From: Tommaso	Read Replies (1) \| Respond to of 9980

Thanks very much for the link to the figured on Terra Nitrogen. Here's the Edgard URL for the latest 10K. edgar-online.com Terra Nitrogen is such an unusual entity that I am having a lot of trouble understanding it. For example, I can't tell whether if at any time the publicly traded units can be redeemed at a price of $21.50. Also, I wonder what the tax status of the distributions is. Help! Does anyone know and understand this? I understand oil and gas royalty trusts pretty well, but this is a new kind of animal for me. I guess what worries me the most is the possibility of a forced conversion or buyout. Otherwise, to own part of a company that converts natural gas into urea fertilizer seems an awfully safe and potentially very lucrative stream of income.