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Strategies & Market Trends : Dividend Investing

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To: Investor2 who wrote (38)2/14/1999 8:28:00 PM
From: Terry Maynard   of 387
 
LYO: quote.yahoo.com

It's at 13 7/16 which is at the low end of its range. Yield is 6.73. John Neff recommended it in the annual Barron's roundtable. He contends that earnings will range between $4 and $5 in the future. The downside is the high debt level which was incurred to purchase ARCO's chemical business last year. Also LYO will be issueing additional shares when the price recovers to help reduce debt.

Terry

PS I have a small position in the stock.
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