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Strategies & Market Trends : Convertible Hedge investors?

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To: Ted S who wrote (67)2/12/1998 8:06:00 PM
From: Scott Mc   of 107
 
Ted, I have had limited experience with 144 bonds, I only buy exchange listed bonds and the only one I every wanted to purchase was Theratx, THTXG(company taken over in 97). Anyway when I bought it I did not know it was a 144(didn't know what 144 was then), however being a Canadian and using a Canadian broker the rule technically does not apply to me. A Canadian full service broker I asked about this checked with his management and they said they would not buy them for individuals, however my discount broker I don't think knew the difference. Im not sure what the rules would be for an American.
Scott
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