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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (23610)	4/10/2000 12:19:00 PM
From: Joe Lyddon	Read Replies (1) of 57584

REITS: Several years ago, I invested in a REIT called North American Mortgage... It was great... It paid a very good dividend... Then all of a sudden it went South... It ended up getting bought-out... and the New company also went down the tubes. Perhaps, they are governed better now... Seems like I heard that there were several safeguards put in place (similar to what Banks have to do). Before getting into them, I would check-out the rules & regulations very carefully. That all happened when I was much younger & really didn't watch everything like a hawk... just a young squirt. Beware... Good Luck, Joe

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