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Non-Tech : Convertible Bonds
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To: Rocky9 who started this subject11/30/2002 6:58:41 AM
From: cooksbay95   of 83
 
Anybody have a view on Raytheon Preferred Stock... it's convertible ... it yields 8% at current $51 price ... historical look at it compared with RTN itself suggests it gets most of any gains /losses that RTN gets but with a nice 8% to wait for defense stocks to heat up again?????

Take a look at this from Forbes on converts for more

forbes.com
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