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DewDiligence

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DewDiligence

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Re: Possum post# 101

Sunday, 02/09/2003 5:08:25 AM

Sunday, February 09, 2003 5:08:25 AM

Post# of 920
>> To refer to remaining converts as a non-issue seems to me understate the current significance. <<

Possum: we do not have a bona fide difference of opinion here; it only seems that we do because of semantics.

We agree that the conversion process itself is winding down; the impact on the stock price you cite is from possible short-covering that is not related to the converts. The impact of this covering (whose timing is uncertain) may or may not be significant but, since it’s not connected to the converts, I consider it a separate issue. Regards, Dew

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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