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Technology Stocks : ATC Communications ATCT -- Ignore unavailable to you. Want to Upgrade?


To: Laptev who wrote (2573)6/8/1998 11:32:00 PM
From: thomas odonoghue  Read Replies (1) | Respond to of 2636
 
I got a proxy in the mail along with the proposed merger agreement.

I understand that they are going to increase the total number of shares to a hundred million.
Won't that severely dilute the price of the current shares?
As for the debt, if the shares are traded and the price increases/share, won't that give the company an option to sell some of their shares and wipe out the debt? That way they won't be under severe pressure to turn a profit in the 1st quarter of the the new ATCT



To: Laptev who wrote (2573)6/10/1998 1:28:00 PM
From: Nancy McKinney  Read Replies (1) | Respond to of 2636
 
Mike,
Thanks for the explanation.
Nancy