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Microcap & Penny Stocks : Arcon Energy .... Another Sleeper -- Ignore unavailable to you. Want to Upgrade?


To: Ga Bard who wrote (65)1/28/1998 10:19:00 PM
From: FARRIS  Read Replies (3) | Respond to of 626
 
Gary,
You are quite correct on all counts. I make the assumption that most will buy the common in spite of what I say because it is more freely traded and does not have a killer spred like the preferred. Most are not going to hang until October -- that is a fair assumption also. I would, however, rather see people buy the preferred as it "forces" them to hang on and take a more active role in the common stock at a later date. We are all after the same thing here -- shareholders who see the potential and are willing to hang around until that potential is realized.