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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Stock Watcher who wrote (18979)11/16/1999 10:31:00 AM
From: Dave Gore  Read Replies (1) | Respond to of 52051
 
***PLCOP NEWS: their subsidiary's IPO was priced at top or range; trades Friday

for more info:
Message 11948010

PLCOP's still a better buy than the common since they convert into 6 common shares after Dec. 29th. That means the P's are still cheap even at $6.00 since that equates to paying $1.00 per share for the common.

Also, the warrants are starting to look good. They would run dollar for dollar after PLCOP goes above $5.00, since $5.00 is the strike price

Good luck,
DAVE