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To: DEER HUNTER who wrote (42312)4/15/1999 10:46:00 PM
From: Big Dog  Read Replies (7) | Respond to of 95453
 
The boys who bought this preferred stock, and I know who they are, have just cut the proverbial hog.

If I were a FLC shareholder, I would be double dog pissed.

Dig this -- 13 7/8 interest while they wait for the stock to go past 9.50 (could be next week) and for ten years more. So in a couple of years the stock is at 20 and these guys are reaping the gain PLUS still making 13 7/8 interest. Talk about getting a low risk ride for the upside... Any takers for that deal?

FLC must be desperate. And what did we hear a couple of weeks ago about them having all the money they needed? What a load of crap.

But then again, if the comapny goes bust...no one gets any money...except maybe Loyd and Webster?

big
loosbrock.com