Floorless Preferred Stock/Debenture Message Board

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Strategies & Market Trends : Floorless Preferred Stock/Debenture

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To: Zeev Hed who wrote (1380)	2/22/2002 12:50:18 PM
From: Roger A. Babb	of 1438

Zeev, in years past we were able to easily spot floorless issues by watching the news releases and 8k filings. I have a search engine that watches for these things. But companies like AES seem to be able to get in under my radar with huge floorless deals and no announcements until the death spiral is already well underway. I wonder if it is a difference between Nasdaq and NYSE reporting requirements? I guess I need to do some deep digging on other NYSE companies that may have such deals. These things are always free money when you find them in time in time to short..............

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