First, the good news: Montreal-based SR Telecom Inc. has raised C$50-million from a private placement to support its fixed wireless growth strategy. The bad news is if you're an existing shareholder is SR has issued a whopping 333 million common shares and converted $58-million of convertible debentures into another 280 million shares. So while the company has less debt, the number of outstanding shares has soared to a Nortel-like 680 million. -