SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: valueminded who wrote (78713)3/12/2001 9:24:11 AM
From: Joan Osland Graffius   of 436258
 
Hi Chris, Re: FAX

>>I have been following and am awaiting the dividend cut before I enter a position.

I think that would be smart at this point in time. Yes, the credit quality does concern me, but I am not going to jump off the roof because of it. <g> I still think the quality of their debt is ok in this environment.

I don't think it is prudent for someone to put a large percent of their capital in FAX, but as you say when the dividend is cut it may be an opportunity for some people where the instrument meets their investment strategy.

I have been collecting FAX since it's low and have a fairly good average price and will be buying more if it takes a big hit because of a dividend cut.

I also own TGG for an income play with international exposure.

Joan
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News