SI
SI
discoversearch

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.
Technology Stocks : Citrix Systems (CTXS) -- Ignore unavailable to you. Want to Upgrade?

To: Redman who wrote (6313)3/30/1999 7:03:00 PM
From: David Lawrence  Respond to of 9068
 
Yep. We're talking 13 or 14 year paper to get to that face value. Doesn't seem likely at such a low rate, unless there are very favorable redemption/conversion terms.



To: Redman who wrote (6313)3/30/1999 8:25:00 PM
From: Andy H  Read Replies (1) | Respond to of 9068
 
That's not that many years for debt. In fact, these are 20 year debentures (due 2019). Generally these things have a long term, since the company never intends to pay them off. They hope their stock continues to rise, and to force a conversion to equity.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News