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Technology Stocks : Park Electro (PKE) - Why tanked 7 points?
PKE 19.25+0.9%Nov 14 9:30 AM EST
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To: kolo55 who wrote (50)3/9/1998 4:01:00 PM
From: Steven C. Vartan  Read Replies (1) of 57
 
The convertibles are the 5.5% of 2006 and they trade otc. Current price is 90 to 92 with a current yield of 6%, rating is junk (B-); converts to 23.7 shares or $38 at current price. Historical range has been 86 to 99 recently (before 7 pt drop in common). I retired at 50 so need some income and appreciation. On some of these issues I will write calls and get some income while waiting for some action on the underlying issue. Best for a profitable 1998. Steve
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