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stripus

01/23/09 10:17 PM

#194 RE: welderfred #193

The J series stock is the easiest and cheapest of the Lehmans to buy as it has the most shares of the preferreds and a high interest return:
7.95% Non-Convertible Perpetual Preferred Stock, Series J: up to 66.0 million shares.
I own some of this, but as time goes on and I can make a profit on it I intend to sell my J's and buy more of the KLMN's as they will get paid before all the other shares of stock.
This is my opinion and they may all be big winners or all loose. No one knows either way.