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Strategies & Market Trends : Floorless Preferred Stock/Debenture

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To: John Liu who wrote (73)9/5/1998 9:17:00 PM
From: David Penfield   of 1438
 
John -

Oh, PPH as a long.

That didn't even occur to me.

Without knowing anything about the situation the only comment I have is to beware of the potential dilution that the floorless will eventually cause though.

David
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