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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Micawber who wrote (33822)10/12/1998 11:13:00 PM
From: Knighty Tin  Respond to of 132070
 
Brian, The new issue is deadly, as it dilutes once again the shareholder's portion of future profits and brings arbs in to short the stock. But I think the cash it delivers puts them over the top, not under. The trick is, they have to get to market. At which point, if the products are good, the cvpfd doesn't matter. And if the products don't cut it, it still doesn't matter.

MB