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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: watcher who wrote (8513)	11/28/1997 1:02:00 PM
From: Carole	Respond to of 79326

Watcher Here we go.. details on preferred and warrants. edgar-online.com

To: watcher who wrote (8513)	11/28/1997 1:05:00 PM
From: Mark[ox5]	Read Replies (1) \| Respond to of 79326

Preferred seems ridicuously cheap based on POW report & current prices of common and preferred... If I understand the POW report, the warrants would seem to be slightly more expensive than common is currently, and the preferred...who wouldn't want to buy nearly 1.5 shares of common for the current price of common...(taking place in 3/98) Or am I missing something??? It's good to see a stock I have held previously/currently as a POW. As for your question Watcher, you havent missed anything. It is a question we have bantered around on the QUST thread for a few months. Basically, at some point before March of 99 the preferred shares should trade at a premium of 43% to the common. Todays common is 9.25 or so Meaning in March of 99 = 9.25 *43% = 13.25 Today the preferred trades at not even $0.50 higher. Before the correction about a month ago we (shareholders of preferred) were pleased because the preferred had finally moved to about a 20% premium to the common, but since then it has dropped to below 10% again. Main theory for us is that very FEW people even know about the preferred shares. We have had people come to the QUST thread who had been long time holders and say "there are preferred shares?? My broker didnt tell me that!" etc. So it seems to be somewhat of a secret. Also this stock trades on the NASDAQ small cap board and therefore less info out there generally on such issues. Anyways this is a great stock and I'll follow this with a post I posted on the QUST board a while back, basically re-iterating the info Doug posted. Good luck, and this is both a great trading and long term hold stock. -Mark