Replies to post #7347 on Lehman Preferred Series "J" Preferred (f

[snowydog]

Thanks Brikk and Coach for keeping us updated. I appreciate it when you update us with the (albeit, estimated) asset/liability calcs.

It appears to me that in this case the PPS is worth something near $25....or something near zero (I suppose, where it is currently).

Can you see a point to where it is something in the middle, say like...$5? Does a few billion (+/-) make the difference between pay dirt...and just dirt?

[goforthebet]

good to see they have a close eye on the lehman topic.. I hope the judge will find a quick solution and we don't have to wait forever ;) I want it NOW!!!!!