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To: Norman H. Hostetler who wrote (10133)	11/10/1998 12:47:00 PM
From: Zeev Hed	Read Replies (3) \| Respond to of 13091

Norman, how have you been? It seems that management is watching what we are posting here, witness the rapid response to the thread identifying the lack of clarity of the conversion clauses in the first release and the immediate "clarification". As for "trounch" vs "tranche" (which for some reasons is not yet accepted in "common English", but quite common on Wall Street), I believe B.C. attempted the coining of a new term dedicated to convertible funding situations (VBG). Zeev