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Re: pjwilson post# 175452

Sunday, 06/04/2006 3:05:36 PM

Sunday, June 04, 2006 3:05:36 PM

Post# of 286489
when they are trading in debentures for stock, they get to buy the stock 18% lower than the market value resulting in them being able to get a larger number of shares. Somebody, please feel free to correct me if I am wrong.