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

To: Joe Lyddon who wrote (7208)	5/19/1999 4:56:00 PM
From: Rande Is	Read Replies (2) \| Respond to of 57584

Joe. . .WE on this thread and a few on the PLCO thread on SI that I alerted know and understand about PLCOP. I discovered it about 8 months or more ago. . .and made my very first buy of PLCOP at .30 cents. The thousands of OTHER investors on Yahoo, Raging Bull, Motley Fool and the many smaller Small Cap oriented boards. . . are clueless. . . They know about the Website. They know about the profits Play Co is making. They know about the new store opening this week in the Venetian Hotel. But they have no clue that the preferreds are convertible into 6 common, come Dec. 29 of this year. Does that help? Rande Is EDIT>> > PS > > It is imperative that the commons are adequately supported. . .if EVERYONE knew what we know, then they would all sell their common and buy pfd. . .which would tank the pfd, because it is directly related to the common's price. So EVERYONE should be supporting the commons. Also, the pfds tend to make all their gains at once, rather than little by little.