Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Technology Stocks : Noise Cancellation Technology (NCTI) -- Ignore unavailable to you. Want to Upgrade?

To: TA2K who wrote (2218)	7/21/1998 3:24:00 PM
From: Dixie7777	Read Replies (1) \| Respond to of 2775

Maximum yield to the preferreds occurs at 5/8ths, nothing lower, for 5 consecutive days. In fact a lower price may in fact be painful for the preferreds if they haven't already sold all the shares from the conversion in advance. if they are planning to hold any shares they would be well served to get the price back up asap. unfortunately there are many individual organizations that own the preferreds and no telling how many are converting with each successive pass at the 5/8ths price. volume being a little stronger would tell you more are coming out. rich