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.

Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (27554)	3/24/1999 5:27:00 PM
From: Cynic 2005	Read Replies (1) \| Respond to of 86076

WHo writes this crap? May be one of those stiff MBA types, who has a terrible insecurity feeling with his other skills but tries to make-it up with some mumbo-jumbo fancy English! -g- <<The Company said that additional new contract wins have occurred in recent weeks for calendar 1999 volume production. These orders, when combined with those previously won, will create conditions of inadequate floor space in several Company locations during coming quarters, particularly in low cost countries such as Mexico and Hungary. While no new green field plants are planned, a series of expedited building projects have been initiated to add preplanned additional phases to several recently constructed plants.>> Here is a red-flag for the shareholders - they can't service the debt or what?: The Company said that in light of the current market price for its common stock it presently intends to call for redemption, on May 1, 1999, all of its outstanding 5% Convertible Subordinated Notes due May 1, 2006. As an alternative to redemption, holders have the right to convert the Notes into Common Stock of SCI pursuant to the terms of the Notes.