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Strategies & Market Trends : Floorless Preferred Stock/Debenture

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To: peter michaelson who wrote (44)8/12/1998 12:49:00 AM
From: John Liu  Read Replies (1) of 1438
 
Not quite sure myself. Checked the Dictionary and found the closest match being

preúfer (pr1-f–r") tr.v. preúferred , preúferúring, preúfers. 1. To choose or be in the habit of choosing as more desirable or as having more value. 2. Law. a. To give priority or precedence to (a creditor). b. To file, prosecute, or offer for consideration or resolution before a magistrate, court, or other legal authority. 3. Archaic. To recommend for advancement or appointment; promote. --preúfer"rer n.

Nice to see thread active again. Unbookmarked after the second message(lack of discussions). Have not myself been hurt too badly from the conversions/shorting but have seen/studied many stocks that have been wacked severely because of it.

John
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