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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Nicholas P. Acquaviva Jr. who wrote (1216)3/17/1998 2:19:00 AM
From: Andrew Spurlin  Respond to of 18998
 
Nick...I am not sure they are convertable , release does not say ?
If they are it will be down the road after they have invested the money and hopefully (wisely) and built revenues...I would imagine paying down the credit facility is only part of it and they want to use funds for further aquisitions. I am sure Mr. Pink will give his two cents shortly.
Andrew