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Strategies & Market Trends : Floorless Preferred Stock/Debenture -- Ignore unavailable to you. Want to Upgrade?

To: John Dwyer who wrote (833)	10/9/1999 3:34:00 PM
From: Mike McFarland	Read Replies (1) \| Respond to of 1438

The Ariad toxic and my own naivete have taken a pretty substantial bite out of my trading account this year. Finding this thread and stealing the #1000 post is small consolation <g>. It never occurred to me to search the SI threads for "floorless". If ever there was a thread for me to read, this is it (Ariad). I hope it wasn't before pointed out to me and I just never got around to bookmarking it...but never too late to learn from mistakes--I'll enjoy reading the thread over the next week or so, and thanks go to Zeev. Junk Equity Deals Can Harm Stock test01.ljextra.com I'll be reading the thread with this thought in mind: Is there a way to punish these misdeeds? I will grant that there are many ways to lose a lot of money on Wall Street...but this way seems to be particularly malicious, and I'd like to play a small part in making the bandits, or maybe just Ariad management, squirm.