SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Floorless Preferred Stock/Debenture -- Ignore unavailable to you. Want to Upgrade?


To: Mark Marcellus who wrote (1199)7/3/2000 10:34:17 AM
From: Zeev Hed  Read Replies (2) | Respond to of 1438
 
Marc, I am afraid that Cramer still misses the point. A very long article but after reading it, the novice CFO still does not understands the mechanics of the floorless instrument. Can't he write clearly?

Zeev



To: Mark Marcellus who wrote (1199)7/3/2000 10:43:11 AM
From: RockyBalboa  Respond to of 1438
 
Yes he points out that the sycofants are not interested in a high price but a low, and short right away but it lacks the "second round" of the game - the pump & recycle process which was brought in play by Zeev.