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Conference nyoss1::market_investing

Title:Market Investing
Moderator:2155::michaud
Created:Thu Jan 23 1992
Last Modified:Thu Jun 05 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:1060
Total number of notes:10477

594.0. "Effect of DEC preferred share issue?" by KAOFS::R_DAVEY (Robin Davey ... Canadian C.T.S.) Tue Oct 19 1993 11:47

    Any comments on the effect (market value) on DEC common stock
    if the Board of Directors receives permission to issue 
    preferred shares and does so?   This is one question that seems 
    pretty important to me but wasn't answered in the question and 
    answer section of the annoucement to request permission to issue
    preferred shares.
    
    Could this annoucement be the reason for the stock drop in the last
    few days, or is it simply speculation on a poor earnings announcement,
    or the result of all the new product announcements last week?
    
    Robin 
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594.1SOLVIT::CHENTue Oct 19 1993 12:143
    re: .0
    
    see DIGITAL_INVESTING, entry #190.