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Strategies & Market Trends : Floorless Preferred Stock/Debenture

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To: Harold Feller who wrote (1)1/30/1998 5:44:00 AM
From: John Liu   of 1438
 
Which ones have you messed with and did you mess with them because of the perfered stocks. I so far have only messed with CTYS with mixed results and am looking at CYMN right now. I would think that with so much mess being caused with the perfered that managements would learn not to touch(issue) them since the benefit couldn't be worth all this trouble. Is there any way to find out if the perfered are actually being converted(for low priced/beaten down stocks) or that shorts are just trying to scare everyone.

Thanks,
John
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