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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 74.59+0.3%Jan 23 9:30 AM EST
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To: flint who wrote (59042)4/20/2002 2:30:06 PM
From: RetiredNow  Read Replies (1) of 77400
 
I've always like well run timber companies. That's just a cash cow. If there was any defensive move I'd ever make, it would be buying timber stocks when they're low. You've got an ever diminishing supply, as the world's harvestable forest land disappears and the wood commodity is something that will always be in demand, whereas gold for instance, is more of a nice to have for most applications. I mean look at PCL, their dividend yield is 7.5% and their return on equity is 36%. Great EPS and low o/s shares. What a great investment! Great max chart too: finance.yahoo.com
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