Craig (CRG) - Vulture Pick Message Board

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Non-Tech : Craig (CRG) - Vulture Pick

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To: ccportfolio who wrote (4)	3/23/1998 3:00:00 PM
From: Andrew	of 27

Craig Corp class A common Preference still near $11/share and its economically identical to common stock trading over $12/share. Mgmt has said on several instances, there is no reason for the stocks to trade at different values. In fact, the spread is one reason for the special stock distribution in January. If the spread widens further, look for shareholders to request similar split like distribution again. Eventually people will learn that preference is more liquid piece of identical paper.

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