PLCO Internet collectables, childrens toys...etc Message Board

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Microcap & Penny Stocks : PLCO Internet collectables, childrens toys...etc

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To: Israel who wrote (742)	8/29/1999 4:18:00 PM
From: chalu2	Read Replies (1) of 1296

My experience with these convertible preferreds is that they continue to trade after the conversion period kicks in. Many never convert, even if it would be useful to do so, out of ignorance. Or, people decide they are happy with a PLCOP price that is 6x the PLCO price, and see no reason to convert. I think PLCOP will be around well after December 1999 for these very reasons. If anyone has a scenario providing them with an easy 100x return here, they must assume they are mistaken under the Inexorable Laws of the Universe (Law No. 1 states: "No small investor shall ever get obscenely wealthy, unless hit by a car driven by Bill Gates).

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