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

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To: Condor who wrote (865)11/2/1999 11:02:00 AM
From: KevinThompson   of 1296
 
Hey, even the W's are getting bid up. The warrants may turn out to be a good deal as well. And they are so cheap right now, seems like a good risk / reward ratio.

If I recall, they are convertable to P's at $5.

If commons trade above 85c, preferreds are worth $5, and at this point, the warrants would be break even. What if it doubled? The Warrants would be worth $5! That is a 25-bagger from my buy at 20c.

Don't wake me... Let me dream... LOL.

KT
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