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Microcap & Penny Stocks : Rande Is. . .FISHING. . [under $1.50]

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To: Rande Is who wrote (2623)8/27/1999 2:37:00 PM
From: Steven Finkel  Read Replies (1) of 4766
 
Rande:
Just one more quick plco question. I don't remember exactly when you started loading up on plco, but I own plcop at 2 a share. I watched as these went to 3.5, then all the way down to where we are now. Obviously, on paper, I show quite a loss at the moment. I just wanted to get your feelings on the preferred, meaning, do you think the way these must be played is to convert on dec 29? Or do you think that the market might actually bid these up if awareness increases and the web spin off occurs? Also, is it worth averaging down from where I am?
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