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TEX

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Alias Born 04/15/2005

TEX

Re: Investorman post# 137012

Wednesday, 11/29/2006 11:21:08 AM

Wednesday, November 29, 2006 11:21:08 AM

Post# of 169297
"The only "price reset" that can occur is if a stock split (either forward or reverse) takes place and then it is not done by the company. "

so what does this refer to?

"reset pricing. The purchase price of the common stock or the conversion price of a convertible security is set either (i) at closing or (ii) on a specified date after closing and is subject to adjustment (downward or upward) based on various criteria that can include fundamental performance (operational reset), a specified event (event-driven reset), or the stock price of the issuer at a given point in time after closing (threshold price reset). "

from: http://www.dealflowmedia.com/publications/pipes-glossary.html

Thanks,
Tex

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