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Gold/Mining/Energy : Varco (VRC)

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To: diana g who wrote (58)6/1/2000 9:14:00 PM
From: ceemcann  Read Replies (1) of 63
 
Diana g, ... I'm no pro and enjoy yours' and others' post on the Strictly:Drilling and Oil Field Services board from which I've learned plenty. But your Street Advisor complaint has me baffled unless you take exception to the use of the word "issued" instead of "converted" . Basically that's what happened, no? VCR and TBI became VCR and the stock started selling at around the old TBI price, so holders of vcr shares before the merger now held .7125 % of their original amt. at the higher TBI price. What am I missing? I don't know this 'expert' but I jump to SA defense as their articles got me into the 'oil ser' back when vrc was at at 9.

regards , ceemcann
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