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Politics : High Tolerance Plasticity

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To: jim_p who wrote (11899)1/24/2002 6:50:56 PM
From: The Ox  Read Replies (2) of 23153
 
Does anyone follow, or has anyone looked at TXM on the Amex?

TXM -
TARGETS TR XI TARGETED GROWTH ENHANCED TERMS SEC ON AMERICAN EXPRESS INC DUE 08/15/2004 (TXM)

The stock has a substantial yield, over $1 for an $8 stock - it's in the 13% range, which is pretty significant. At first glance it looks like an excellent place for someone who needs a fixed income investment to park some dough.

Any help on this one would be much appreciated.
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