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Pastimes : Georgia Bard's Corner -- Ignore unavailable to you. Want to Upgrade?


To: Ga Bard who wrote (1285)5/2/1998 4:35:00 PM
From: Crossy  Read Replies (1) | Respond to of 9440
 
re: Convertible Debenture,

Gary,
well especially if they are FLOORLESS - with a variable conversion price attached. Saw this in EXSO, CTYS, CAFE and so on. Got burned only once (EXSO) - cost me 30% there. Thank's good..



To: Ga Bard who wrote (1285)5/3/1998 12:38:00 AM
From: Charger  Read Replies (4) | Respond to of 9440
 
Debentures - Floorless - Gary, what are Floorless Debentures please?

re: Convertible Debenture,

well especially if they are FLOORLESS - with a variable conversion price attached.
Saw this in EXSO, CTYS, CAFE and so on.


Thanks,

Charger



To: Ga Bard who wrote (1285)5/3/1998 3:34:00 AM
From: Phil Schmidt  Read Replies (1) | Respond to of 9440
 
Good discussion on convertible debentures...and some of the four letter words,..er stock examples. I've been looking for ways to protect against this type of dilution/loss. By the time they report future conversion dates someone has already shorted and it may be too late.. Can I expect to learn enough or is it just called..risk. Comments much appreciated.