Rande Is . . . HOME Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Rande Is . . . HOME

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jim Baker who wrote (16576)	12/11/1999 7:57:00 AM
From: Rande Is	Read Replies (1) of 57584

Jim, Does PLCO stay about the same (in which case PLCOP is a real buy now) or does PLCO sink to 1/6 of PLCOP? I wish I had a sense for this one. . .Logically, it seems that most will not convert immediately. . .but so many are playing the conversion, that they may sell off PLCOP prematurely. . . this is one reason it never seems to reach full maturity. PLCO=1 & PLCOP=1. . .then PLCO=1.5 & PLCOP=2.2. . then PLCO=2 & PLCOP=3.5 . . .then PLCO=3 & PLCO=6.25. . . .and this is the best argument for why it is a better play to hold until conversion, rather than dump. . .especially if you feel the company will be around for a while. [they've already been around over 10 years] The only thing that is going to get PLCOP up to where it should be, is a sudden interest by a person or persons just prior to conversion. . .bidding up the preferred. . . however, that would not be a good play, due to those of us that have been here a while having such an advantage. Whenever you buy the bottom, the selling advantage is yours. Rande Is

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next