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To: Pete Summers who wrote (4209)2/26/1999 9:35:00 PM
From: realmoney  Read Replies (2) | Respond to of 5300
 
"More rapid conversion is allowed under certain very aggressive market conditions."

Can you please specify for the benefit of those both long and short what exactly these aggressive market conditions are?



To: Pete Summers who wrote (4209)2/26/1999 10:47:00 PM
From: realmoney  Respond to of 5300
 
Pete,

Are you saying that the lenders have signed a contract that states they must pay $10.08 for a share of WCTI stock even if the bid price of the stock is $1.87 a share? That's such a great deal it's almost "criminal".