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Joe Stocks

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Re: south louisiana post# 48

Thursday, 08/28/2003 10:06:22 AM

Thursday, August 28, 2003 10:06:22 AM

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SL- Of course the better return would be on the common if the shareholders come out with anything in the BK. On the other hand the preferred appears to be somewhat secured by what I read. Currently I'm with the common. The risk/reward looks better for me. However, I'm still treating it as a speculative play and not putting more into than what I can lose. Fortunately HLSH has allowed me to be able to lose (risk) a little bit more here. <VBG>



Joe

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