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

To: Bucky Katt who wrote (6714)	5/13/1999 1:37:00 PM
From: Rande Is	Respond to of 57584

ALL: After climbing 250 percent in 2 days, PLCOP needs a bit of consolidation here at 3 1/4 . . .this is great for building a support level for further gains. In fact, if we can just stay right at 3 1/4 until the new website is announced. . . or other news comes out that will move the common, then we will be fine. Once more. . . the key to the success of the pfds is the common. . . if anyone is holding ONLY pfds, then they are not helping the situation. . . the commons must be supported. . .the smallest upward pressure on the commons puts significant upward pressure on the preferred. Rande Is

To: Bucky Katt who wrote (6714)	5/13/1999 1:55:00 PM
From: jfhh	Read Replies (1) \| Respond to of 57584

William I know you have followed PARA for some time. I just ran a search and reviewed some of the older posts, but they don't go back too far. I was wondering if you might review your position on PARA. If I'm not mistaken, it has roughly a 1.3m float, and average daily volume of 120k and a book value of $3.23 a share. The stock is up today, but on still light or average volume. My question is, did you consider this price area to be your target, or did you have a much longer time frame in mind? Thank you.