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post 12281"""If you notice the chart on the pref.F the PREFERRED fall sharply after their lastconversion date on Feb.3,2000. Those that did not converttook a 25% haircut.""post 12289 "Of coursePref. stock has no maturity so par value is NOT asimportant as with a bond.""sorry, probably moreerrors.....but it's cocktail hour...cheers.