Replies to post #2266 on Washington Mutual Preferred fka WAMPQ

[dannoninvest]

also for the people saying that they expect wampq to maybe have a 10-20% recovery states that they think wamuq wont see more than $2. A 10-20% recover on a $1000 face value is $100-$200 for wampq. If common is under $8 wampq pays around 114X the common price. Also not to alarm wamuq holders, but in 2002 kmart filed chapter 11 bankruptcy. In 2003 they came out of bk. All of kmart common stock were wiped out. Go to this site if you have trouble believing me. You should definitely not have all your rocks in the same box.....

www.usatoday.com/money/perfi/columnist/krantz/2005-03-28-kmart_x.htm

[jospatrick]

I forgot to add that this Yahoo post was reportedly from someone inside the court room on Friday! Sorry.