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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts
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To: Joseph B. Schmidt who wrote (24773)8/6/2002 6:20:24 AM
From: Joe Copia  Read Replies (1) of 25711
 
The Class A Preferred Stock may be redeemed at the election of the Company at any time and from time to time in whole or in part by paying $0.20 per share plus all accrued but unpaid dividends, but only after 30-days prior written notice. The Class A Preferred Stock also carries preferential liquidation rights, but does not have voting rights or a sinking fund for redemption.

Thank you Joseph. Why is ACOCP @ .05 and the common @ .35?

Seems to me the preferred with only 720k OS (of 1.5mil avail) is a good thing?
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