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Strategies & Market Trends : REITS - Buying 1 - 2 weeks before going ex-dividend -- Ignore unavailable to you. Want to Upgrade?


To: zebraspot who wrote (1365)6/18/1999 1:18:00 PM
From: zebraspot  Read Replies (1) | Respond to of 2561
 
To answer my own question about the Walden(WDN) preferreds: >>Anyone have any idea why the S's are yielding 11.5%,
while the B's are yielding 9.25%? - particularly given that the S's are senior and they
throw in a warrant?<<

The B's are convertible and are currently at parity. Also, the warrant I referred to with the S was part of a unit, and is now detached.