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ARRIS Group, Inc. Message Board

  • Quickbuy Quickbuy Jul 22, 2002 3:42 PM Flag

    ARRS will lag until it pays off its...

    $100M in converts due end of 2002 - Keptel sale $30M and cash $27M is not nearly enough to retire the debt - Also dont forget that NT owns 22M shares which after july 2003 can be dumped into the open market - I love this co's products but its capital structure sucks - expect the stock to underperform until it fixes its structure.

    JMHO
    QB

 
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