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


To: Dick Jaffe who wrote (8574)11/30/1997 11:56:00 AM
From: Sergio H  Read Replies (1) | Respond to of 79371
 
You are correct Dick and I agree with you about the no brainer arbitrage situation that is being offered right now, except for the
short position on the preferreds being so large. That I don't understand.
The preferreds are selling for a discount and they are being shorted to a larger degree than the common.

Sergio