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Technology Stocks : CDRD (CD Radio)

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To: Fred Puppet who wrote (25)4/10/1997 1:23:00 PM
From: blast_investor   of 904
 
Thanks Fred, your reasoning of $3.33 sounds reasonable but hard to believe. Convertible/preferred shares usually sell above current share price.
$3.33 a share sounds like Reg S financing ripoff.

Is secrecy of hiding preferred share pricing a normal or typical practice in investment world?
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