21.   Pouring that new stock into the open market will dilute the value of the shares in retirement savings plans, she said.

22.   Solv-Ex President Jack Butler said the company is aware of investor concerns that the latest offering will dilute the value of the stock.

23.   Some investors are concerned that the Loews bonds eventually will be converted, diluting the value of Diamond Offshore shares, analysts said.

24.   Some investors sold because the convertible offering dilutes the value of existing shares, analysts said.

25.   Such a move, however, could also anger shareholders by further diluting the value of their stock.

26.   Such as sale would increase the amount of shares outstanding and initially dilute the value of shares already held by the public.

27.   That could further dilute the value of existing Worldcom shares.

28.   That severely diluted the value of Premiere to sports fans.

29.   That would hurt European government bonds because further debt issuance would dilute the value of outstanding bonds.

30.   That would dilute the value of existing shares.