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.

Strategies & Market Trends : CAVALRY'S SHORT BUSTERS - MAGIC EIGHTBALLS PICKS -- Ignore unavailable to you. Want to Upgrade?

To: Cavalry who wrote (340)	9/13/1998 5:32:00 PM
From: Jeffrey L. Henken	Read Replies (2) \| Respond to of 1637

Calvary it could have been someone that had stock EMCG options, 144 shares or more likely some kind of convertible security like the Convertible Subordinated Notes which are mentioned in their 10Q: sec.yahoo.com On March 18, 1998, the Company sold, pursuant to underwritten public offerings, $100.0 million principal amount of 5.75% Convertible Subordinated Notes (the "Notes") and 1,100,000 shares of its Common Stock. Interest on the Notes is payable semi-annually commencing October 1, 1998. The Notes are unsecured indebtedness of the Company and are convertible into Common Stock of the Company at a conversion price of $27.34 per share at any time. A block trade like this can be done outside normal market trading if it is prearranged and sold(or bought) so it won't dramatically effect the stock. InvestRight Regards, Jeff