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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Whisperer! who wrote (6584)	5/12/1999 12:43:00 AM
From: Rande Is	Read Replies (3) \| Respond to of 57584

PLCOP. . .nearly a year ago, I could not believe the conversion rate of 6-to-1. . . so I called the company. . . I have called them three times for the very same reason. . .to verify that the PLCOP Series E conversion information written in the Edgars is still current and accurate. All three times their answer was the same. . . "yes, and we have no idea why the preferred is selling at such a discount to their conversion value." PLCOP is the simplest trading play that I have ever come across. We could already sell half the preferred and hold the rest long and totally free. . . .but I believe that the preferred will take its rightful value, fluctuating somewhere between 4 and 6 times the common. I know it feels as though the cashier has given back change for a hundred, when you only gave them a twenty. . . but it is important to realize that it is NOT. There is nothing unethical, immoral or dishonest about finding an opportunity and capitalizing or making the most of it. . . that is capitalism, folks. To me, it just makes up for the many times that we have been ripped by MMs, companies, CEOs, dishonest journalists, scammers, pump and shorters, daytraders, our own negligence and even our own brokers. Everyone here knows that I not only like a steady stream of consistent winners. . .but I really like the BIG winners. . .like 10 to 20 baggers. . . .I am looking for PLCOP to join this group of elite symbols. Rande Is