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Strategies & Market Trends : REITS - Buying 1 - 2 weeks before going ex-dividend

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To: Richard Barron who wrote (539)12/16/1997 4:08:00 PM
From: mattie   of 2561
 
Richard,

Thanks. I am still watching CEI. They sell for about 15 times next years FFO, but that is based on First call estimates. After the company's press release today that they should top 4th quarter projections and are "extremely optimistic about 1998", those estimates will be increased.
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