By adding extra conditions to traditional convertible bonds, companies can avoid revealing how much earnings would be diluted if the bonds were exchanged for stock.
POTENTIAL DILUTION* CEPHALON 15% FEI 14 LATTICE SEMI 13 COMVERSE TECH 11 COMMONWEALTH TELE 10 GENERAL MOTORS 10 OMNICOM 10 MERCURY INTERACTIVE 10
*In estimated 2004 per share earnings Data: Bear, Stearns & Co.
Before it's here, it's on the Bloomberg Terminal. LEARN MORE