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Strategies & Market Trends : Contrarian Investing -- Ignore unavailable to you. Want to Upgrade?

To: pcyhuang who wrote (840)	11/27/2006 10:27:41 AM
From: richardred	Read Replies (1) \| Respond to of 4080

The preferred stock is soaring on the news. Restoration of longer term confidence IMO. SCOTTISH RE GRP PFD (SCT-PB) At 10:04AM ET: 23.07 Up 5.13 (28.60%)

To: pcyhuang who wrote (840)	11/27/2006 11:39:04 AM
From: Sober	Respond to of 4080

Yes, I would like to consider adding some to my longer term portfolios, but was wondering if you still considered it a good investment in light of the dilution. I guess I am fishing for any change in your longer term outlook for the company now that this has occured. I would assume for the short term the financing would shore things up, but in the longer term the debt will have to be dealt with. Will they get bought out at some point? Care to predict anything down the road for SCT? Your are certainly more informed than most concerning the company. Sober