convert.01
frames-  * Related to that decision , the company said 0 [ARG0  it]  was [rel  converting]  [ARG1  its Santa Clara , Calif. , factory]  to [ARG2-to  a research and development facility]  .
-  The lower figures , the spokesman said 0 *T*-1 , would stem from [ARG1  preferred shares]  being [rel  converted]  *-88 to [ARG2-to  common stock]  and the possibility that Sea Containers ' subsidiaries might be required *-2 to place their shares in the open market .
-  Freeport-McMoRan Inc. said 0 [ARG0  it]  [ARGM-MOD  will]  [rel  convert]  [ARG1  its Freeport-McMoRan Energy Partners Ltd. partnership]  into [ARG2-into  a publicly traded company]  [ARGM-MNR  through the exchange of units of the partnership for common shares]  .
-  [ARG0  UNESCO]  [ARGM-MNR  somehow]  [rel  converted]  [ARG1  the founding U.N. ideals of individual rights and liberty]  into `` [ARG2-into  peoples ' rights]  . ''
-  [ARG0  Mr. Moon]  planned *-1 to [rel  convert]  [ARG1  millions of Americans]  to [ARG2-to  his unique brand of Christianity -- in which he plays the role of Old Testament-style temporal , political messiah *T*-2 --]  and then to make the U.S. part of a unified international theocracy .
-  NRM said 0 [ARG1  its $ 2.60 *U* senior cumulative convertible preferred units]  [ARGM-MOD  will]  be [rel  converted]  *-1 into [ARG2-into  an equal number of shares of $ 2.60 *U* senior cumulative convertible preferred stock of Edisto]  .
-  After days of intense but fruitless negotiations , [ARG0  a federal judge]  last week threatened *-1 to [rel  convert]  [ARG1  William Herbert Hunt 's Chapter 11 personal bankruptcy case]  into [ARG2-into  a Chapter 7 liquidation]  .
-  If [ARG1  the case]  is [rel  converted]  *-1 to [ARG2-to  Chapter 7]  , what *T*-3 remains of the oil tycoon 's once-vast estate -- *-5 now believed *-4 to have a value of less than $ 125 million *U* -- would be sold off quickly with most of the proceeds going to the Internal Revenue Service , whose claim for $ 300 million *U* in back taxes *T*-2 has priority in the case .
-  If [ARG1  all the debt]  is [rel  converted]  *-1 to [ARG2-to  common]  , Automatic Data will issue about 3.6 million shares ; last Monday , the company had nearly 73 million shares outstanding .
-  Waxman Industries Inc. said 0 [ARG0  holders of $ 6,542,000 *U* face amount of its 6 1\/4 % convertible subordinated debentures , due March 15 , 2007 ,]  have elected *-1 to [rel  convert]  [ARG1  the debt]  into [ARG2-into  about 683,000 common shares]  .
-  [ARG0  CMS]  is nearly done *-1 [rel  converting]  [ARG1  the Midland plant]  to [ARG2-to  a gas-fired cogeneration facility]  [ARGM-MNR  at a cost of $ 600 million *U*]  .
-  Recently , [ARG0  the boards of both the parent company and the thrift]  also voted *-1 to suspend dividends on preferred shares of both companies and [rel  convert]  [ARG1  all preferred]  into [ARG2-into  common shares]  .
-  Convertible debentures -- [ARG1  bonds]  that *T*-2 [ARGM-MOD  can]  [ARGM-TMP  later]  be [rel  converted]  *-1 into [ARG2-into  equity shares]  -- are the most popular instrument this year , though many companies are also selling nonconvertible bonds or equity shares .
-  NBI Inc. said that it can not pay the Oct. 31 dividend on its Series A convertible preferred stock , * allowing [ARG0  the stock 's holder]  to [rel  convert]  [ARG1  the shares]  into [ARG2-into  as much as 27.7 % of NBI 's shares outstanding]  .
-  Failure * to pay the dividend allows [ARG0  Yukon]  to [rel  convert]  [ARG1  all or some of its shares]  into [ARG2-into  NBI common]  [ARGM-TMP  after Nov. 30]  , [ARGM-MNR  at a conversion price based * on NBI 's closing stock price]  .
-  NBI , a maker of word-processing systems , said 0 it ca n't predict if [ARG1  any of the preferred stock]  [ARGM-MOD  will]  be [rel  converted]  *-1 .
-  I have just returned from France , and the net exchange rate charged * on my Visa account was more favorable than I obtained for traveler 's checks in any of the several banks where [ARG0  I]  [rel  converted]  [ARG1  them]  *T*-1 .
-  Los Angeles police say 0 the thieves seem *-2 to be part of [ARG0  a crime network]  that *T*-1 knows how *-3 to [rel  convert]  [ARG1  blank tickets]  into [ARG2-into  real ones]  *T*-4 .
-  A few years ago , Mrs. Hammack insisted on * buying earthquake insurance for [ARG1  this house]  , which *T*-2 had been [rel  converted]  *-1 into [ARG2-into  apartments]  .
-  In late September , IBM began *-2 shipping [ARG0  a plug-in card]  that *T*-1 [rel  converts]  [ARG1  its PS\/2 model 70-A21]  from [ARG3-from  a 80386 machine]  to [ARG2-to  an 80486 machine]  .
-  The Paribas offer values Navigation Mixte at about 23 billion francs , depending on [ARG1  how many of Navigation Mixte 's warrants]  *T*-1 are [rel  converted]  *-2 into [ARG2-into  shares]  [ARGM-TMP  during the takeover battle]  .
-  [ARGM-DIS  In addition]  , [ARG1  each note]  [ARGM-MOD  can]  be [rel  converted]  *-1 into [ARG2-into  Blockbuster Entertainment common stock]  [ARGM-MNR  at a rate of 13.851 shares per note]  .
-  In his `` Measure , '' [ARG0  Mr. Boyd]  has `` modernized '' the pimps and prostitutes of Vienna whom Angelo is supposed *-2 to bring *T*-1 under control by *-3 [rel  converting]  [ARG1  them]  into [ARG2-into  transvestites , punk rockers and heavy metal types]  , with a strong emphasis on leather , chains and porno-inspired costumes .
-  The U.S. argues that [ARG0  its plan]  would ease the transition to freer agriculture trade by *-3 [rel  converting]  [ARG1  certain non-tariff barriers]  into [ARG2-into  tariffs that *T*-1 , together with existing tariffs , then would be phased *-2 out over 10 years]  .
-  But [ARG0  the EC]  is strongly opposed to * [rel  converting]  [ARG1  agricultural supports]  into [ARG2-into  tariffs]  .
-  `` Last season , we did a story that *T*-1 involved * spending $ 700,000 *U* in [ARG0  *-2]  [rel  converting]  [ARG1  a two-family house]  into [ARG2-into  a bed and breakfast]  . ''
-  The Sept. 25 `` Tracking Travel '' column advises readers *-2 to `` Charge With Caution When *-3 Traveling Abroad *T*-1 '' because [ARG0  credit-card companies]  charge 1 % *-4 to [rel  convert]  [ARG1  foreign-currency expenditures]  into [ARG2-into  dollars]  .
-  In contrast to the 1 % conversion fee charged * by Visa , [ARG0  foreign-currency dealers]  routinely charge 7 % or more *U* *-1 to [rel  convert]  [ARG1  U.S. dollars]  into [ARG2-into  foreign currency]  .
-  On top of this , [ARG0  the traveler]  who *T*-1 [rel  converts]  [ARG1  his dollars]  into [ARG2-into  foreign currency]  [ARGM-TMP  before the trip starts]  will lose interest from the day of conversion .
-  At the end of the trip , [ARG1  any unspent foreign exchange]  will have *-2 to be [rel  converted]  *-1 back into [ARG2-into  dollars]  , [ARGM-MNR  with another commission due]  .
-  At Sept. 30 , [ARG1  the thrift]  , which *T*-1 [rel  converted]  to [ARG2-to  a stock form of ownership]  from [ARG3-from  a mutual form]  [ARGM-TMP  in April 1986]  , had more than four million shares outstanding .
-  [ARG1  Convertible capital appreciation bonds with a final stated maturity of Nov. 15 , 2014 ,]  [rel  convert]  [ARGM-TMP  Nov. 15 , 1999]  .
-  [ARG1  Convertible capital appreciation bonds with a final stated maturity of Nov. 15 , 2019 ,]  [rel  convert]  [ARGM-TMP  Nov. 15 , 2004]  .
-  Now this remarkable economic growth seems *-1 to be coming to an end because [ARG0  the government]  has [ARGM-NEG  not]  [rel  converted]  [ARG1  itself]  into [ARG2-into  a modern , democratic , `` developed nation '' mode of operation]  .
-  By [ARG0  *-1]  [rel  converting]  [ARG1  an expenditure or loan]  to [ARG2-to  a guarantee]  , the government can ensure the same flow of resources and reduce the current deficit .
-  [ARG0  A budget that *T*-1 reflected the real costs of lending]  would eliminate incentives * to [rel  convert]  [ARG1  spending or lending programs]  to [ARG2-to  guarantees]  and would let taxpayers know what Congress is committing them to *T*-2 .
-  [ARG0  Many agencies]  roll over their debt , *-1 paying off delinquent loans by *-2 issuing new loans , or [rel  converting]  [ARG1  defaulted loan guarantees]  into [ARG2-into  direct loans]  .
-  The U.S. plan also would ease the transition to freer agriculture trade by *-2 allowing [ARG0  some countries]  to [rel  convert]  [ARG1  non-tariff barriers]  into [ARG2-into  tariffs that , *-3 together with existing tariffs , *T*-1 then would be phased *-3 out over 10 years]  .
-  Color Systems Technology Inc. , Los Angeles , said 0 [ARG0  its major creditor , General Electric Pension Trust ,]  agreed *-1 to [rel  convert]  [ARG1  $ 11.8 million *U* of debt owed *]  into [ARG2-into  25 % of Color System 's fully diluted common stock]  .
-  [ARG0  Color Systems]  , which *T*-1 [rel  converts]  [ARG1  black-and-white film]  to [ARG2-to  color videotape]  , posted a loss of $ 7.1 million *U* , or $ 1.32 *U* a share , on revenue of $ 10.6 million *U* for the fiscal year ended * June 30 .
-  [ARG0  It]  [ARGM-DIS  also]  [ARGM-MOD  could]  [rel  convert]  [ARG1  glucose from farm wastes]  into [ARG2-into  edible protein]  .
-  But even though by some estimates it might cost [ARG1  the world]  as much as $ 100 billion *U* between now and the year 2000 *-1 to [rel  convert]  to [ARG2-to  other coolants , foaming agents and solvents]  and to redesign equipment for these less efficient substitutes , the Montreal Protocol 's legions of supporters say 0 it is worth it .
-  It is interested in * making some money *-2 advising [ARG0  industry]  on how * to [rel  convert]  to [ARG2-to  a world without CFCs]  *T*-3 .
-  When and if the trust runs out of cash *T*-2 -- which *T*-1 seems increasingly likely -- [ARG0  it]  will need *-3 to [rel  convert]  [ARG1  its Manville stock]  to [ARG2-to  cash]  .
-  Some investors say 0 there is a good chance that [ARG0  the trust]  will , instead , seek *-2 to [rel  convert]  [ARG1  the company 's shares]  to [ARG2-to  cash]  , [ARGM-MNR  in some sort of friendly restructuring that *T*-1 would n't involve * just dumping stock on the market]  .
-  Kodak says 0 its new CCD HDTV converter will help *-1 alleviate the problem by *-2 allowing [ARG0  programmers and broadcasters]  to [rel  convert]  [ARG1  movies and television programs shot * in 35mm motion-picture film]  into [ARG2-into  high-definition video]  .
-  [ARGM-TMP  In 1983]  , [ARG1  the loans]  were [rel  converted]  *-1 into [ARG2-into  equity]  , [ARGM-ADV  * giving Manila 98 % of the bank , but with the understanding that Mr. Ty had repurchase rights]  .
-  [ARGM-LOC  In the merger]  , [ARG1  each share of Webster , based * in Waterbury ,]  [ARGM-MOD  will]  be [rel  converted]  *-1 into [ARG2-into  one share of the new company]  .
-  Kodak entered the high-definition television market by *-2 unveiling [ARG0  a device]  that *T*-1 [ARGM-MOD  can]  [rel  convert]  [ARG1  conventional film]  into [ARG2-into  high-definition video]  .
-  [ARG0  Scrap merchants]  are [rel  converting]  [ARG1  smaller quantities of metal]  into [ARG2-into  silver]  , [ARGM-ADV  while low prices are discouraging exports from India and the Soviet Union]  .
-  HomeFed Corp. said 0 [ARG1  its main subsidiary , Home Federal Savings & Loan ,]  [rel  converted]  from [ARG3-from  a federal savings and loan]  to [ARG2-to  a federal savings bank]  and changed its name to HomeFed Bank .
-  The ratio is the number of trading days , at the exchange 's average trading volume , that *T*-1 would be required *-2 [ARG0  *]  to [rel  convert]  [ARG1  the total short interest position]  .
-  Another concern is liquidity , or [ARGM-MNR  how easily]  [ARG1  a security]  [ARGM-MOD  can]  be [rel  converted]  *-1 into [ARG2-into  cash]  *T*-2 .
-  If [ARG1  all the debt]  was [rel  converted]  *-1 , about 13 million new shares would be issued *-2 .
-  Was [ARG0  the man who *T*-1 once was pro-choice , but later pro-life ,]  [rel  converting]  [ARGM-TMP  again]  ?
-  [ARG1  The debentures]  [ARGM-MOD  may]  be [rel  converted]  *-1 into [ARG2-into  common stock of the Westborough , Mass. , home health care concern]  [ARGM-MNR  at $ 52.50 *U* a share]  .
-  The Dayton , Ohio , maker of parts for the building and transportation industries said 0 [ARG0  holders of the two issues]  [ARGM-MOD  can]  [rel  convert]  [ARG1  their stock]  into [ARG2-into  common shares]  [ARGM-TMP  through the close of business Dec. 1]  .
-  [ARG1  Each $ 1 *U* cumulative share]  [ARGM-MOD  can]  be [rel  converted]  *-1 into [ARG2-into  4.92 common shares]  ; the ratio on the $ 3 *U* cumulative is eight common shares for each $ 3 *U* cumulative preferred .
-  Also , it *EXP*-4 has not yet been decided *-1 [ARG1  exactly how much of the mortgage]  [ARG0  AEW]  will be able *-3 to [rel  convert]  *T*-2 into [ARG2-into  equity]  .
-  In a convertible mortgage , [ARG0  the investor]  lends the building owner a certain amount in return for the option * to [rel  convert]  [ARG1  its interest]  into [ARG2-into  equity , usually less than 50 % ,]  [ARGM-TMP  at the end of the loan term]  .
-  [ARG0  Holders]  [ARGM-MOD  can]  either [rel  convert]  [ARG1  each share]  into [ARG2-into  421 shares of the company 's common stock]  , or surrender their shares at the per-share price of $ 1,000 *U* , plus accumulated dividends of $ 6.71 *U* a share .
-  Investors and traders in Pacific exchange options `` are protected *-1 to the extent that [ARG0  they]  [ARGM-MOD  can]  [rel  convert]  [ARG1  their put and call options]  into [ARG2-into  the underlying instrument]  , '' Mr. Luthringshausen said 0 *T*-2 .
-  `` The probability of [ARG0  *]  [rel  converting]  [ARG1  a non-user]  to [ARG2-to  your brand]  is about three in 1,000 , '' says *T*-1 Tony Adams , the company 's vice president for marketing research .
-  [ARG0  Debenture holders]  are expected *-1 to [rel  convert]  [ARG1  most of the debentures]  into [ARG2-into  common]  [ARGM-CAU  because the value of the stock received * in a conversion would exceed the $ 1,103.11 *U* redemption price]  .
-  [ARGM-ADV  If it goes capitalist , and increases trade with West Germany]  , [ARG0  it]  [ARGM-MOD  will]  [rel  convert]  [ARG1  itself]  , [ARGM-MNR  willy-nilly]  , into [ARG2-into  an economic annex of the Federal Republic]  .
-  Recognition also said 0 it obtained [ARG0  a commitment *ICH*-2]  from Chemical Bank and Bank of Boston * to [rel  convert]  [ARG1  an estimated $ 18 million *U* in bank debt]  to [ARG2-to  a new , 24-month secured term loan 0 *T*-3 to be repaid *-1 through the sale of certain assets]  .
-  The financial problems are particularly frustrating for salespeople pushing [ARG0  Wang 's image systems]  , which *T*-1 [rel  convert]  [ARG1  paper forms]  to [ARG2-to  electronic documents]  .
-  At this price , the shares would have *-1 to rise above HK$ 6.05 *U* for [ARG0  subscribers to Salomon 's issue]  to [ARGM-MNR  profitably]  [rel  convert]  [ARG1  their warrants]  .
-  Neil Weisman , [ARG0  whose New York-based Chilmark Capital Partners]  *T*-4 had [rel  converted]  [ARG1  85 % of its $ 220 million *U* investment pool]  to [ARG2-to  cash]  [ARGM-TMP  in recent months]  , said 0 he was besieged *-3 by Wall Street firms *ICH*-1 Friday asking him *-2 to take stock off their hands .
-  Yuppily enough , he lives in a lavishly furnished [rel  converted]  [ARG1  church]  , wears designer clothes and drives an antique car .