SMX's $250 Million Capital Commitment Is About Time, Not Dilution

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Structured Products TIERS 2003-07 S&P 500 Index due 4/28/08 (NASDAQ: SMX) Delayed: 18.80 +1.14 (6.46%)
Previous Close $17.66    52 Week High $14.18 
Open $18.20    52 Week Low $14.18 
Day High $18.85    P/E N/A 
Day Low $18.17    EPS $0.00 
Volume 4,064