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Gold/Mining/Energy : Arcon Energy (MIDL Presently) The Ultimate Sleeper
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To: Ga Bard who wrote (1815)5/31/1998 5:18:00 PM
From: Dusty  Read Replies (2) of 4142
 
Gary and All, Any astute investor who has a choice of common verses Preferred will ALWAYS chose the preferred.

PLEASE READ CAREFULY:

<IF> you own preferred stock in any company and for any reason should it bit the dust and go out of business.

The PREFERRED STOCKHOLDER gets first consideration and the COMMON shareholders suck hind tit! That is the reason I would NEVER convert if given a choice.

Gary has done a great job covering the rest of the reasons.

Dusty :o)
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