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Technology Stocks : Loral Space & Communications

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To: Don Limb who started this subject12/7/2003 6:25:50 PM
From: TideGlider   of 10852
 
Does anyone have an opinion on the Series C preferred? My mother was placed in 6300 shares of it @ 15 or so. I was thinking of having her sell it for 5 or so, but if the company comes out of BK, will the notes still mature in the same manner? Will they still owe the dividend payments?

For anyone's information an irresponsible A G Edwards broker placed her, a 72 year old woman, in all junk bonds.

A tragedy, to be sure. TIA for any information..
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