Floorless Preferred Stock/Debenture Message Board

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Strategies & Market Trends : Floorless Preferred Stock/Debenture

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To: Rob W who wrote (1095)	1/9/2000 7:40:00 PM
From: TH	of 1438

Rob W, I asked Zeev and Company the exact same thing about 6 months ago. The answer they gave me was not good. It did lead me into learning a bit more about floorless, and I should add I am avoiding all that have any in the future. ASTM right now is a mystery. The company who did the floorless, RGC international, has converted some of their shares, but a whole lot are still open. A lot of talk about a buyout for ASTM. It is possible, but I would not bet the farm on it at this time. ASTM has solid tech, some good patents, but NO CASH. The place is pretty much out of business waiting for SSB to find a buyer. Hope this helps and good luck Thurston

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