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

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To: James Kibler who wrote (1601)11/9/1999 9:23:00 PM
From: Richard Barron  Read Replies (1) of 2561
 
Jim,
Based on SSI, which was trading at 9-5/16 just a week ago and will have the shareholder vote on 11/17 or so, I wonder why they trade at 10%+ discounts with 1-3 months to go before the buyout. I guess a compounded return has to get over 50% to get interesting!!! WDN would sure seem to be a bargain under 21. CEI and GTA are supposed to report tomorrow. CEI started picking up last week, so someone apparently is looking for a better conference call then the last one.
Richard
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