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Technology Stocks : How high will Microsoft fly?
MSFT 478.04-1.1%Jan 8 3:59 PM EST
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To: Curtis Frazier who wrote (13127)12/11/1998 1:22:00 PM
From: Technologyguy   of 74651
 
The preferred shares were designed to attract investors who are more risk averse. They have an appreciation cap, are guaranteed not to be worth less than purchase price and pay dividends, I believe. More for the retired investor wanting more certainty than the long-term growth investor.
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