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To: kili who wrote (1899)1/27/1999 2:29:00 PM
From: Josef Svejk  Read Replies (2) | Respond to of 7721
 
Humbly report, All, the posts by Stephan Gregory Chase on this thread:

#reply-553253
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Cheers,

Svejk
proofsheet.com



To: kili who wrote (1899)1/27/1999 2:40:00 PM
From: JDN  Read Replies (1) | Respond to of 7721
 
Dear Kim: Thank you for your response, it was pretty much as I estimated but wanted others to review. In my judgement it does put a slight drag on upward pressure after 15 or so but as you say, much better than the alternative. JDN



To: kili who wrote (1899)1/27/1999 9:52:00 PM
From: Robert Faust  Respond to of 7721
 
Slight correction, Kim. If the holder of the preferred stock converts to common, the company isn't obligated to register those shares for 6 months. This prevents the holder from being an immediate seller of stock upon conversion. Very smart. Therefore, this will not be a drag on the stock performance, nor limit the upside potential; other factors will determine the near term price movements of the stock in my opinion.

R.F.