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ullr

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ullr

Re: TonyMcFadden post# 73762

Wednesday, 03/16/2005 9:34:50 AM

Wednesday, March 16, 2005 9:34:50 AM

Post# of 249539
Eamon- Agreed! As much as the price of the pp is below expectations, the deal is straight to the point and it's done!!!

Debt???? Who would loan Wave $$$$ with their revenue history. What would they secure it with? Certainly wouldn't be attractive in terms of an interest rate.

Converts- Again, what interest rate would they have to pay? You would still be diluted.

As much as I would prefer earnings to sustain Wave, I'd rather have this than some of the other choices.


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