SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Boston Market (BOSTQ) -- Ignore unavailable to you. Want to Upgrade?


To: Terry Maynard who wrote (1114)4/3/1998 9:50:00 PM
From: Sr K  Read Replies (1) | Respond to of 1567
 
Your prices are no good. And they'll be worse by the time they open on Monday. The '00 5's last traded at 2-1/2 (volume 412) and closed (highest bid, lowest offer) at 2-1/4 to 2-1/2, and the 7.5's traded 2 contracts at 1-1/8, and closed at 1-9/16 to 1-3/4. You can't do it at Friday morning's prices (which probably was a sell), and it's too early to decide what to do Monday at 9:45. But to me it's easy. Is the company worth $200 m? $400 m? How many shares will be out after all the conversions? Real simply, $400 m divided by 100 m shares = $4 which was a steal. The BOSTH and BOSTG are the way I would play it for now. And I bought the BOSTH today. What a deal!