41. Convertible securities are bonds that can be exchanged for the issuer's common stock at a set ratio.42. One reason is that there aren't many bargains in the $ 100 billion market for convertible securities . 43. Junk bond and convertible securities funds also recorded above average gains in the third quarter, Lipper said. 44. The company gave Dynegy $ 1 . 5 billion last year, getting the convertible securities in return. 45. Apple and Kmart can sell these risky securities in part because convertible securities are in short supply. 46. He does it by buying convertible securities . 47. Because convertible securities are hybrids which share traits of both bonds and stocks, they require more analysis. 48. Kmart won't get the money until it successfully sells at least $ 750 million in convertible securities . 49. They also have convertible securities that Adelphia should redeeem for $ 567 million within the next four years. 50. This year a lot of traditional convertible arbitrage funds closed shop causing an implosion in convertible securities pricing.
