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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: watcher who wrote (8527)11/28/1997 1:33:00 PM
From: Christopher Brainard   of 79336
 
Hi watcher, I am from the QUST thread. I have been buying the preferred since September. I too liked that CEO was buying the preferred. Called the company at the time to see if there were some funny conversion terms that I was missing. Terms are a straight forward manditory conversion in March 1999 into 1.4375 shares of common. Currently QUSTP is 'On Sale' 40% off true value! Why ... most people don't know about it and jump on the common first. This same situation happened a month or so ago. (Great buying opportunity) This discount should close to about 15% in the next week or so, and I do not expect the common to pull back to make this happen. (IMHO QUSTP could run to $12 area)

Happy to have all you 56's taking an interest in our little jewel!
Good luck to all ... and come on over to the QUST thread for more details to this interesting situation.

Chris ....
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