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[QUOTE]Originally posted by Doniboy: [QB] Well this sure is crazy. I made some good cash and got out, but not the good cash I was hoping for. What I don't agree with Purl is the whole magic wand thing. I mean if resetting the price isn't done, then why is there a name for it? reset pricing. The purchase price of the common stock or the conversion price of a convertible security is set either (i) at closing or (ii) on a specified date after closing and is subject to adjustment (downward or upward) based on various criteria that can include fundamental performance (operational reset), a specified event (event-driven reset), or the stock price of the issuer at a given point in time after closing (threshold price reset). [/QB][/QUOTE]
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