9	15	Waxman	Waxman	NNP
16	26	Industries	Industry	NNPS
27	31	Inc.	Inc.	NNP
32	36	said	say	VBD
37	44	holders	holder	NNS
45	47	of	of	IN
48	49	$	$	$
49	58	6,542,000	6,542,000	CD
59	63	face	face	NN
64	70	amount	amount	NN
71	73	of	of	IN
74	77	its	its	PRP$
78	79	6	6	CD
80	83	1/4	1/4	CD
83	84	%	%	NN
85	96	convertible	convertible	JJ
97	109	subordinated	subordinated	JJ
110	120	debentures	debenture	NNS
120	121	,	,	,
122	125	due	due	JJ
126	131	March	March	NNP
132	134	15	15	CD
134	135	,	,	,
136	140	2007	2007	CD
140	141	,	,	,
142	146	have	have	VBP
147	154	elected	elect	VBN
155	157	to	to	TO
158	165	convert	convert	VB
166	169	the	the	DT
170	174	debt	debt	NN
175	179	into	into	IN
180	185	about	about	IN
186	193	683,000	683,000	CD
194	200	common	common	JJ
201	207	shares	share	NNS
207	208	.	.	.

211	214	The	the	DT
215	225	conversion	conversion	NN
226	231	price	price	NN
232	234	is	be	VBZ
235	236	$	$	$
236	240	9.58	9.58	CD
241	242	a	a	DT
243	248	share	share	NN
248	249	.	.	.

252	255	The	the	DT
256	263	company	company	NN
264	268	said	say	VBD
269	272	the	the	DT
273	280	holders	holder	NNS
281	290	represent	represent	VBP
291	293	52	52	CD
293	294	%	%	NN
295	297	of	of	IN
298	301	the	the	DT
302	306	face	face	NN
307	313	amount	amount	NN
314	316	of	of	IN
317	320	the	the	DT
321	331	debentures	debenture	NNS
331	332	.	.	.

335	341	Waxman	Waxman	NNP
342	347	sells	sell	VBZ
348	349	a	a	DT
350	357	variety	variety	NN
358	360	of	of	IN
361	369	hardware	hardware	NN
370	378	products	product	NNS
379	382	for	for	IN
383	386	the	the	DT
387	391	home	home	NN
392	398	repair	repair	NN
399	405	market	market	NN
405	406	.	.	.