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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks

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To: Peter W. Panchyshyn who wrote (1792)	11/7/2001 11:44:49 PM
From: trustmanic	Read Replies (1) of 11633

Peter, I think it is a good strategy for EIT.UN, but rather stupid for those tender their PWI to exchange for EIT. Why should I trade my PWI..say a 4.91 P/E and 35% yield stock for a EIT -only 12% yield and 8 P/E. I get my dividend directly from PWI every month(without a middleman). If I exchange my PWI share for EIT, that means: I have to pay management fee to EIT in order to get my dividend from PWI. If the unit price of PWI drop, EIT drop too. Forget it. George

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