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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Joan Osland Graffius who wrote (179592)	7/13/2002 11:28:01 AM
From: Edmond Katonica	Read Replies (1) \| Respond to of 436258

Joan Back abit you said you were looking for preferreds I own a preferred issue in Titan The stock is selling for 14, and pay a 7.4 % [ $1.00 ] and is convertible into 2/3 of a share of common. This issue is senior It can be called at 20. Titan is in defence, and does CIA stuff along with many other things. Here’s the kicker Titan spun off a unit and this amounts to $3 per share to common common. The preferred covenants require that the share conversation be increased, so in reality the preferred holders are getting both dividends The shares MAY be of intrest to you I’ve owned the stock for ten years , buying at 10$, for 10$ yield Thinly traded. Buy between 13.50 14. SYB is ttn_p on yahoo.