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.
Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: xcr600 who wrote (32180)4/22/1999 8:02:00 PM
From: Druss  Read Replies (3) | Respond to of 122087
 
xcr600--When does the floorless kick in?
That is a license to short.
All the Best
Druss



To: xcr600 who wrote (32180)4/22/1999 11:32:00 PM
From: Mama Bear  Read Replies (2) | Respond to of 122087
 
xcr, it didn't look like a floorless to me.

"After July 27, 1999 such Convertible Debenture will be convertible at a variable rate, but in no event less than $2.49 per share. "

edgar-online.com

It's dilutional, but not abusive IMO.

I'd like to know more about what this Apollo Management Ltd. Some of the other deals it's been involved in, and why the documents relating to the deal haven't been filed with the SEC. I'd think an 8-k at least would be appropriate.

Barb

Barb