SI
SI
discoversearch

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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Joan Osland Graffius who wrote (179592)7/13/2002 11:28:01 AM
From: Edmond Katonica  Read Replies (1) of 436258
 
Joan

Back abit you said you were looking for preferreds

I own a preferred issue in Titan The stock is selling for 14, and pay a 7.4 % [ $1.00 ] and is convertible into 2/3 of a share of common. This issue is senior
It can be called at 20. Titan is in defence, and does CIA stuff along with many other things.

Here’s the kicker Titan spun off a unit and this amounts to $3 per share to common common. The preferred covenants require that the share conversation be increased, so in reality the preferred holders are getting both dividends

The shares MAY be of intrest to you

I’ve owned the stock for ten years , buying at 10$, for 10$ yield

Thinly traded. Buy between 13.50 14. SYB is ttn_p on yahoo.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext