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

To: Paul Senior who wrote (34044)	4/3/2009 1:04:24 PM
From: rllee	Read Replies (1) \| Respond to of 78740

BRS. They have a mandatory (9/'09) convertible preferred Does that mean that conversion is mandatory on 9/09? At what price is the conversion? Also what is the preferred dividend? TIA

To: Paul Senior who wrote (34044)	4/3/2009 1:48:13 PM
From: anializer	Read Replies (2) \| Respond to of 78740

Thanks for the info. I took a stab at BRS common this morning. Any idea what the terms are on the convertible? Out on RELL yesterday - good % gains on that one. May still be good, but would prefer to see a pullback prior to earnings report on the 8th. If it runs up into earnings, it may take a hit if earnings show not so good, but if she dips pre-report it may be a set - up for a good report. Seems to be more than usual focused buying lately. Maybe its the Co. buying shares? Or maybe I'm just imagining things.