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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Jon who wrote (13178)3/10/1999 2:38:00 PM
From: P.E. Allen  Respond to of 25711
 
Watch USTI, the spread is big.

There is over a million dollars in deferred dividends that have to be paid to the preferred shareholders.

What kind of sales must they generate to earn the profits to pay the preferred shareholders.

Do the math, and read the financials.

Why are the MM's hold the spread so far apart if good news is coming.

Accounting terminology, best earnings = gross, operating income, fully diluted? What are we talking about!!!