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Strategies & Market Trends : Dividend Investing

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To: Investor2 who wrote (53)	6/21/1999 11:51:00 AM
From: Paul Senior	Read Replies (1) of 387

Starting a small position today in FTU (First Union) @ 44. They look a little messed up as they try to integrate their recent acquisitions. But... at maybe a 11 pe and a 4+% dividend yield, and with their broad scope (71,000 employees, per Yahoo), FTU looks like a relatively good buy (relative to other bank stocks I follow). I'll try to add as stock drops further. Paul Senior

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