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Re: worktoplay post# 18311

Sunday, 10/17/2004 9:54:16 PM

Sunday, October 17, 2004 9:54:16 PM

Post# of 82595

nice post work2play: my interpretation

Preferred stock--class of stock that pays dividends at a specified rate and that has preference over common stock in the payment of dividends and the liquidation of assets.
Preferred stock does not ordinarily carry voting rights.
Most preferred stock is cumulative: if dividends are passed
(not paid for any reason), they accumulate and must be paid before common dividends.

The above was always my interpretation of the "bus" driver.
I am glad I am one of the passengers...........

Parasitologists regard the life cycle of the tapeworm spirometra mansonoides the cause of sparganosis...atkins..
the last sentence was for you frog-by the way its a compliment.