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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (23396)9/18/2000 7:35:07 PM
From: Lazarus  Respond to of 25711
 
look at the book value of over $2.25!

Did you factor in...

Preferred Stock, par value $0.01 per share, 2,000,000
shares authorized, 105,828 shares of Series B 5%
PIK Cumulative Convertible Preferred Stock
issued and outstanding (liquidation preference of
$5,511,000 at June 30,2000) .............. ????