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matrix

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matrix

Re: mweco post# 43

Tuesday, 09/28/2004 10:43:52 PM

Tuesday, September 28, 2004 10:43:52 PM

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Well, if that's the case, he should have been a little clearer because the PR says: "convertible debentures". A CD is debt which can be converted to some other kind of security in the company, usually common stock. As long as they aren't issuing tons of shares to a shady financer, they might be okay. It's always a good idea though to keep an eye on how the o/s grows.





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"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."
-- Warren Buffett

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